XGD.TO is trading at CA$61.10 (+3.17%) as gold-mining equities strengthen following bullion’s rebound.
- The move appears sector-wide rather than driven by one dominant holding.
- Retreating oil prices eased inflation concerns, while easing Treasury yields and a softer U.S. dollar supported the rebound.
- Gold-miner stocks have historically amplified bullion moves; geopolitical uncertainty continues to support safe-haven demand.