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Gold jumped 4.4% intraday and the GDX gold miners ETF rose 7.8%, a move Axel Merk says shows how hard markets are to time. Backdrop: central banks bought 288.9

BWB News TV • 2026-08-05 15:43 UTC • By Billy Odell Tucker-Robinson
Gold jumped 4.4% intraday and the GDX gold miners ETF rose 7.8%, a move Axel Merk says shows how hard markets are to time. Backdrop: central banks bought 288.9
Gold jumped 4.4% intraday and the GDX gold miners ETF rose 7.8%, a move Axel Merk says shows how hard markets are to time. Backdrop: central banks bought 288.9 tonnes of gold in Q2, the highest quarterly total since late 2024.
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