GDX is trading at $87.58 (+3.53%) as gold’s continued advance supports miners.
- The dollar and Treasury yields declined after Democrats’ midterm gains, boosting bullion’s appeal.
- The move follows a strong prior session for gold; investors are watching Friday’s U.S. employment report for clues on the Fed outlook.
- GDX closed 9.01% higher on November 4, extending the rally into early trading. Activity is consistent with a broad gold-sector move.