Gold Stocks Advancing As Gold Prices Continue Rebound

After a strong start to the session, gold stocks remain notably higher in late morning trading on Tuesday. The sector is benefiting from a continued recovery in gold prices.

The advance by gold stocks has resulted in a 2.9 percent gain by the NYSE Arca Gold Bugs Index. With the gain, the index is extending a recent upward move, climbing to its best intraday high in well over a month.