With the precious metals back on the rise, the related mining stocks were similarly higher. The ETF of GDX settled higher by a rather significant 2.4% @ $27.25. Capital markets remain highly vulnerable, and Gold/Silver look due for much higher levels... and that will continue to benefit the miners.
Little to add.
Clearly, the weaker USD today helped give the metals/miners an extra kick higher today. Yet, the broader trend is outright bullish anyway.
GDX looks set for the $35/40 zone if Gold $1500s, which really isn't that bold a target given a few months.