VanEck Gold Miners ETF
NYSE ARCA: GDX
$38.65
-$1.46 (-3.6%)
Closing Price on November 6, 2024
GDX Articles
The markets opened in the red this morning but have recovered after the ISM Manufacturing data favored very low growth rather than recession. There were a number of stocks getting a boost right...
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On the way up, you heard many $2,000 gold targets. On the way down, the dooms-day crowd not only gets bold but they come out of the woodwork. Monday marked another day of margin calls and on...
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Owning gold or silver has been tricky up until recent years. It has also been a wild ride. Now with the flourishing ETFs, investors can buy the most liquid gold play in SPDR Gold Shares (NYSE: GLD)...
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At yesterday’s meeting for investors, Rio Tinto plc (NYSE: RIO) offered a subdued forecast for the iron ore and copper markets going forward. There was some upbeat talk about new projects in...
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Just two weeks after raising margin requirements on its 100-ounce gold contract, CME Group Inc. (NYSE: CME) has bumped the requirement again by 27%. It now costs a non-commercial (speculative) buyer...
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You have already seen how gold has gone through the roof almost daily to higher highs. The world of print money is dying compared to the hard asset of gold. What is amazing is how many gold...
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The World Gold Council has shown that demand from Asia remains high for gold. High prices be damned! This was reinforced in the second quarter where total global gold demand measured 919.8...
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Following an end-of-week rally last week, the DJIA has picked up where it left off and is up about 100 points just before noon today. The NASDAQ and S&P 500 are also up. And gold, while up a...
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Less than two months ago, CME Group Inc. (NYSE: CME) lowered margins on its 100-ounce Comex gold contracts in what the company said was part of its “normal review of market volatility to ensure...
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The new gold rush is the same as the ultimate flight to quality… Rather than chasing dollars and getting great income of the United States bond market, gold continues to move toward being a...
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As the disagreement on the US debt ceiling turns into a debacle, gold posted a new high near $1,635/ounce this morning before pulling back to trade at around $1,624 late in the afternoon. Silver has...
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Senior gold miners Barrick Gold Corp. (NYSE: ABX) and Goldcorp Inc. (NYSE: GG) reported earnings this morning, and the reports varied by enough to cause some wonder, if not concern, about gold...
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Gold prices set a record high above $1,624/ounce in foreign trading this morning, and is remaining quite solid, trading above $1,617/ounce at around mid-day. Silver posted a solid gain this morning,...
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Since the beginning of July gold prices have risen nearly 7%, from around $1,500/ounce to today’s record high over $1,600/ounce. Risk is off the table in the equities markets as concerns over...
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The price of gold topped 1,100 euros/ounce yesterday, its highest point ever against the single currency. The yellow metal is also threatening its US dollar peak, having risen to more than...
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