QUICK SPARK: Gold Miners ETF (GDX) On Pace For Best Week Since 2008
Gold mining stocks are on pace for their best week since 2008 as soaring gold prices and plunging oil costs create a rare earnings tailwind.
Gold mining companies are having their best week in over 15 years because gold prices are up and oil costs are down—both things that help them make more money. When an industry gets good news like this, it can show investors are feeling hopeful about that area of the market.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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