GDX Stock Recent News

The final trades of the day with CNBC's Dominic Chu and the Fast Money traders.

Precious metals continue to trade with the wind at their back. Gold has rallied back to around $3400 per ounce and this is fueling yet another rally in the Gold Miners ETF (NYSEARCA: GDX).

Gold prices on a roller-coaster ride as trade fears lift safe-haven demand, while easing tensions and rising risk appetite affect the metal.

Despite a brief pullback from recent highs, gold has been on a historic run in 2025, surging to record levels as investors flock to the precious metal as a haven. Gold broke above the $3,000 mark for the first time in March and rallied nearly 15% over the past month to touch a record high near $3,500.

The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.

Despite gold hitting its huge milestone of $3,000 per ounce, several analysts are calling for gold to hit an even more monumental level: $4,000. Analysts at JPMorgan and Goldman Sachs see gold getting to $4,000 by mid-2026.

While rare earth minerals and other critical minerals have recently become flashpoints in the escalating trade war between the United States and China, gold has also remained at the top of investors' minds.

Gold is experiencing a strong rally, with rising demand due to economic uncertainty and market volatility. However, despite its appeal as a safe haven, I prefer dividend stocks over gold. Gold has a long history of preserving wealth, but it lacks the consistent returns and cash flow that dividend stocks provide. I believe high-quality dividend stocks are better investments. Real estate, energy, and utilities offer the highest yields, and I particularly favor midstream energy companies and safe net lease REITs. These stocks offer steady income and growth potential.

The S&P 500 (^GSPC 0.74%) is down over 10% from highs set earlier this year. The Nasdaq Composite (^IXIC 1.26%) dropped more than 20% from previous highs at one point and currently sits close to 15% down.

YieldMax Gold Miners Option Income Strategy ETF offers high income but underperforms due to its capped upside, making it less appealing in a bullish gold market. GDXY trades options on GDX, leveraging gold miners' volatility for income, but this strategy results in lower total returns compared to GDX and GLD. The fund's near-50% distribution rate is attractive, but the erosion of the share price over time diminishes its overall appeal for long-term investors.