🟢 Gold Miners ETF (GDXU) is trading 4.6% up in pre-market as gold rises on easing inflation concerns

GDXU is trading at $95.57, up 4.64%, as gold-mining shares gained alongside bullion in overseas trading.

• Gold rose more than 1% overnight, supported by softer oil and easing inflation concerns, while investors awaited U.S. CPI.
• Strong October payrolls and increased December Fed-hike expectations remain a headwind for non-yielding gold.
• No major U.S. economic indicators are scheduled before the open; Tuesday’s CPI is the next key catalyst.