VanEck Vectors Gold Miners ETF

NYSEARCA: GDX
$34.51
-$1.10 (-3.1%)
Closing price January 15, 2021
Companies that benefit from the moves in gold are generally the miners, but in reality, every company has its own nuances about how its role plays into gold and silver.
Several gold miners have released earnings and some common themes are contributing to a "sell the news" reaction in their shares.
Short interest in gold-mining stocks and ETFs rose in the two-week reporting period ending July 15. But gold prices rose more sharply.
While many investors are hyper-focused on gold, the issue that may be overlooked by much of the investing public is what happens to the price of silver in the coming weeks.
Gold prices have been on a tear that began more than a year ago. One segment likely to see increased profits are the gold miners. Here a several that deserve another look.
Gold is making a great case for itself this year, and gold bugs have to be happy about that. The strategists at JPMorgan have a bullish view on gold.
Silver is supposed to track gold to a certain extent, but in 2020 that just is not the case. Silver is proving to live up to its nickname the "Devil's Metal."
Gold has a long history of ups and downs, and it has been considered one of the key measurements of national reserves for centuries.
With China devaluing the yuan and halting purchases of U.S. agricultural products in response to President Trump's additional tariffs last week, gold and gold miners are having their day.
If tariffs and an ongoing trade war with China were not enough, now gold bugs get to cheer in silence at a 5% tariff implemented on goods coming from Mexico as an economic tool to fight illegal...
If one thing has proven true over the years and works in favor of the gold bugs, it is that the price of gold thrives on geopolitical uncertainty.
It may seem hard for the gold bugs to celebrate that gold was last seen down about 3% in dollar terms so far in 2019, but against the backdrop of what is happening in the global markets, gold...
With the overhang and larger media frenzy around bitcoin and cryptocurrencies having witnessed a death of a thousand cuts, the interest in gold has been coming back with a rising price.
Monday's announcement of the $10 billion merger between gold mining giants Newmont and Goldcorp naturally leads to the question about what other firms may be on the block.
How on earth can analysts and investors maintain a positive view on gold miners? Is there still value in them even if the underlying commodity is in the toilet?