🟢 GDX is trading 3.0% up today on a softer inflation backdrop and risk-on equity rebound

GDX is trading at $75.78 (+3.0%) as the gold-mining complex reacts to a softer inflation backdrop and a risk-on rebound in equities.

• The ETF is seeing specific support, outperforming the broader materials sector which remains weaker.
• The move follows a pattern of volatile trading around the mid-$70s as investors reassess rate-cut expectations and geopolitical risk.