XGD.TO is trading 3% up today as global gold miners rebound amid firming gold prices and a marginal easing of geopolitical risks surrounding the Iran–Strait of Hormuz situation.
- The move is driven by improving risk sentiment and slightly lower yields during a quiet session with no U.S. trading or major economic data releases.
- Stabilization in Middle East tensions has provided support for gold equities, helping the sector recover after a period of heightened volatility.