Bullish

VanEck Gold Miners ETF

GDX, Unilateral tariff concerns and unfinished trade negoiations

Bullbearadvisor Jun 15
candlestick pattern

VanEck Gold Miners ETF (GDX) is one of the most widely traded ETFs focused on the gold mining industry. Managed by VanEck, this fund seeks to replicate the performance of the NYSE Arca Gold Miners Index, which includes a global portfolio of publicly traded companies primarily engaged in the mining of gold and silver. GDX offers investors diversified access to a basket of major and mid-tier mining firms, including well-known names such as Newmont Corporation and Barrick Gold. The ETF is structured to provide equity exposure to the gold sector, which tends to be influenced by gold prices, geopolitical risks, inflation expectations, and global economic trends.

GDX is passively managed and rebalanced quarterly. It uses a modified market capitalization weighting method, which means larger companies have a greater influence on fund performance, though caps are in place to avoid over-concentration.


52-Week Price Range:

  • 52-Week High: $54.70 (as of June 13, 2025)
  • 52-Week Low: $32.84 (as of June 17, 2024)

Analyst Ratings (Consensus):

According to aggregated analyst sentiment related to the holdings within GDX:

  • Buy Ratings: 48 analysts
  • Hold Ratings: 10 analysts
  • Sell Ratings: 0 analysts

These ratings suggest a generally bullish outlook on the gold mining sector, with the majority of analysts expecting upside from the companies represented in the ETF.

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