GDX is trading at $93.38, up +4.98%, as gold prices recover after Tuesday’s selloff on easing Treasury yields and the dollar ahead of Federal Reserve minutes.
- The gold-mining sector is benefiting from bullion strength, with European basic-resources stocks rising 0.6%.
- Overnight geopolitical uncertainty and elevated oil prices support safe-haven demand, while Tuesday’s yield-driven decline created a rebound setup.
- Broader U.S. equity futures are modestly higher, but the move appears tied primarily to gold and rates rather than company-specific news.