🟢 Global Gold Miners ETF (XGD.TO) is trading 3% up as weaker dollar and yields lift bullion

XGD.TO is trading at CA$54.42, up 3.01%, as gold recovers after Wednesday’s inflation-driven selloff.

• Gold rose more than 1% as the U.S. dollar weakened and Treasury yields eased.
• Gold and silver miners rebounded broadly, tracking bullion’s recovery.
• Wednesday’s selloff followed hotter-than-expected September U.S. CPI, which raised rate-hike concerns; the October 15 rebound came despite ongoing inflation uncertainty.