GDX is trading at $75.83 (+3.13%) as gold miners rebound from the prior session’s selloff, tracking a recovery in gold and silver prices.
- The move aligns with a broader risk-on tone in U.S. equities, even as Middle East tensions remain a background support for safe-haven assets.
- The ETF’s action is consistent with sector-level buying in precious metals rather than a holdings-specific catalyst, following July 8 weakness tied to gold softness and a stronger dollar.