Gold miners surge more than 20% in breakout week
Gold mining stocks rose sharply after gold hit a two-month high. The VanEck Gold Miners ETF (GDX) gained 21.09% over five days to $89.73, and the VanEck Junior Gold Miners ETF (GDXJ) rose 22.42% to $116.78. Major miners including Agnico Eagle (AEM) and Newmont (NEM) also advanced. Gold jumped over 2% to about $4,353/oz after weak US jobs data shifted Fed expectations.


