Gold stocks surged Tuesday as the Bazaar Vectors Gold Miners ETF (GDX) avant-garde $1.58, or 3.1%, to $52.75 per share. The gold stocks area and GDX were bolstered by backbone in COMEX gold futures, which climbed $18.70, or 1.2%, to $1,615.40 per ounce on the aback of a weaker U.S. dollar. A broad-based assemblage on Wall Street additionally helped lift gold stocks, as the S&P 500 jumped 2.6% to 1,236.25 in aboriginal afternoon trading. Gold stocks in Canada headed arctic alongside the GDX, as the S&P/TSX Global Gold Index alveolate a 2.7% gain.
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