GDX Stock Recent News
GDX LATEST HEADLINES
Gold miners have historically experienced explosive moves during gold bull runs, indicating potential for another outperformance. GDXJ has returned 35% since my first Buy coverage last year and has slightly outperformed Gold in this timeframe. Some top gold mining companies are showing positive growth in operational cash flow, suggesting they could become cash cows at current gold prices.
Gold miners, represented by the GDX ETF, have underperformed gold prices in the past year, with a relative lag of over 19%.
The world's largest gold miner Newmont shares surged 12.5% on Apr 25 after the company's first-quarter 2024 earnings surpassed estimates by a huge margin of 57.7%.
VanEck CEO Jan van Eck thinks the commodities' rally has more room to run.
A “targeted” counterattack last night
Jan Van Eck, VanEck Associates CEO, joins CNBC's Bob Pisani on 'ETF Edge' to discuss the reflation trade, how investors can position during this uncertain time, and assess VanEck's latest ETF products.
Gold buyers are holding on to the precious metal as prices break records — and are ready to buy more
Under the basic rules of economics, the cure for high prices is high prices. With that in mind, gold could soon put that idea to the test, with futures prices marking record-high settlements 15 times so far this year.
Global interest in gold has been consistently elevated since early 2020, leading to a stronger performance of gold. Inflationary pressures and central bank gold purchases are contributing to the attractiveness of gold miners. The VanEck Gold Miners ETF presents a compelling investment choice with a favorable outlook for the sector.
Stocks are little changed as the first quarter comes to a close. Mish Schneider discusses this and goes over some of her investment ideas which include Vaneck Gold Miners ETF (GDX), Trump Media & Technology (DJT), and Invesco Solar ETF (TAN).