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What Does the GDX Index Change Mean for Gold Investors?
If it ain’t broke, why fix it? The GDX is way up, but VanEck is switching horses midstream. The gold price hit a record high of US$3,707.34 per ounce on Wednesday (September 17), shortly after the US Federal Reserve’s decision to make its first cut to interest rates since December 2024. That put the precious metal’s price up 40 percent since the start of 2025. It’s been a long time coming, but it seems gold-mining stocks are finally responding to record gold prices. The VanEck Gold Miners ETF (ARCA:GDX), whose holdings include the biggest global gold-mining companies, was up by 103.54 percent year-to-date as ... (full story)
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- Sep 19, 2025 4:15pm Posted byFundamental Analysis368
