XGD.TO is trading 3.2% up today as gold mining stocks rally alongside improving risk sentiment and falling real-rate expectations.
- Major holdings including Newmont and Agnico Eagle are benefiting from cooling inflation and expectations for future Fed rate cuts, which continue to support bullion prices and gold-equity valuations.
- As broader equities trend higher, capital is rotating back into cyclicals and commodities, lifting the gold mining sector as part of a wider market rebound.