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Gold Explorers Set for 2017's Best Week as Moribund Metal Stirs

  • BI index of gold-mining companies rises more than 7% for week
  • Rebound on bullion prices arrests four-week slide in shares
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UBS' Gordon Sees Better Gold Prices After Fed Hike

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A gauge of gold producers including Newmont Mining Corp. and Barrick Gold Corp. headed for the biggest weekly gain this year as the metal rebounded on the outlook for U.S. interest rates.

The BI Global Senior Gold Valuation Peer Group of 15 companies is up 6.5 percent this week, the most since the end of December. Gains for the past five days were led by Johannesburg-based Gold Fields Ltd., which surged 15 percent this week, the most since February 2016.