Why Gold Stocks Soared Today

Shares of gold mining stocks such as Iamgold Corp (IAG 8.96%), Gold Fields Ltd (GFI 9.74%), and Fortuna Mining Corp. (FSM 11.88%) rallied in a big way Monday, up 8.9%, 9.5%, 12.1%, respectively.Gold prices were up 2.7% Monday after a weekend in which geopolitical tensions reignited. These include President Trump accusing China of violating its trade deal with the U.S., along with Ukraine launching a massive sneak attack on Russia's long-range bomber fleet.Gold is often bought as a hedge against geopolitical ...