XGD.TO is trading at CA$55.27 (+6.53%), rallying as gold prices surged after the U.S. July jobs report unexpectedly showed 23,000 jobs lost, versus expectations for 80,000 additions, reducing September Fed rate-hike expectations.
- Spot gold rose approximately 2.3%, while the TSX mining sector gained 4%.
- B2Gold, IAMGOLD, and Aris Mining were among the strongest performers, supporting the gold-miner-heavy ETF.