VanEck Gold Miners ETF

NYSE ARCA: GDX
$33.75
+$0.20 (+0.6%)
Closing price April 18, 2024
The VanEck Gold Miners ETF offers investors exposure to the gold mining industry. Managed by Van Eck Associates Corporation, this fund invests globally in companies involved in gold and silver mining, including those operating in the materials and metals sectors. It aims to mirror the performance of the NYSE Arca Gold Miners Index, focusing on both growth and value stocks across a range of market capitalizations. Established in 2006, it provides a way for investors to tap into the precious metals market through a diversified portfolio of mining stocks.
Source: ThinkstockGold is back. After challenging $1,200 per ounce in December, gold bugs have become bullish again and the shiny yellow metal is back above $1,300 per ounce. Now a key technical...
Source: ThinkstockIt has not been an easy time for gold bugs over the last year or so. Now imagine being a gold miner or producer when gold prices were cratering. Many producers and miners are still...
Source: ThinkstockBeing in the gold mining and production business sure lost its luster, compared to when gold was on its way up to $2,000 per ounce. All things, even bad things, can come to an end...
As gold prices have fallen, many investors have begun to actively seek alternatives from among the many possible choices available today. These are five unusual alternatives investments to gold.
Source: ThinkstockWhat happens when everyone hates an investment or when everyone likes an investment? A contrarian investor would say it is time to go the other way. Gold has gone from shinola to...
Source: ThinkstockFor most of the past decade, gold was the place to be. A disastrous housing market collapse, terror attacks in the United States and a host of additional geopolitical issues pushed...
Source: ThinkstockEasy money and near-zero interest rates from the Federal Reserve created a great environment for gold bugs to drive the price of gold higher and higher. Central banks around the...
Source: ThinkstockGold futures are down about 6% this morning to around $1,293 an ounce as most investors interpreted Fed Chairman Ben Bernanke’s remarks yesterday to mean that the Fed is about to...
Source: ThinkstockGold is turning out to be one of the worst investments of modern day portfolios. But what if the rapid drop in prices is not really warranted from the market fundamentals nor from...
Source: ThinkstockGold and silver investors are probably glad to see the month of May come to an end. The drop in the price of gold and in the price of silver continues and the metals are now...
Source: ThinkstockThere are a variety of ways to invest in precious metals. Buying gold or silver bars and coins is one. Exchange traded funds (ETFs) are another. A third way is by investing in...
Source: ThinkstockIt was looking this morning as though gold could be ready test even new lower lows based on the trading tape action of late. Suddenly, a 2% gain in the price of gold may change that...
Source: ThinkstockThe news flow over the weekend and on Monday helped to drive the price of gold higher after one monster sell-off this year. Reports of spot gold shortages and premiums being paid...
Source: ThinkstockIt is no secret that the gold bugs got squashed, but Wall St. analysts are starting to have something different to say. The price of gold broke from a peak of close to $1,800, and...
Source: ThinkstockMining for gold and other metals is a messy business. In some cases, the public might just want to think of it like boudin because no one wants to know how it comes together. Now we...