
NYSEARCA:GDX
This summary was created by AI, based on 2 opinions in the last 12 months.
The VanEck Gold Miners ETF (GDX-N) has drawn mixed reviews from experts. One expert expresses caution, viewing gold as too speculative and preferring a more fundamentals-driven investment strategy. Conversely, another expert sees potential in gold, particularly due to its historical seasonality in July and a favorable chart pattern. This expert believes that upcoming political dynamics, specifically the likelihood of the Fed not raising interest rates before the US Midterms, could provide a conducive environment for gold investment. Overall, while there are concerns about volatility, some see current market conditions as an opportunity to capitalize on gold as a hedge.
Gold remains in an uptrend, past his target of $2600. He's a big fan of the Commitment of Traders data from the Chicago Board of Trade, which comes out weekly on Fridays at 3:30 pm. Commercial traders continue to reduce exposure on the way up. Though gold can push higher, we're getting to the end of this move in the intermediate term.
We've had a good move, but he's cautious at current levels. Vulnerable to at least a near-term correction. Some charts look great, such as OR, AGI, and WPM, and he'd gravitate toward those.
(A Top Pick Sep 09/19, Up 41%) This holds the big players like Newmont, without absorbing the risk of those companies. He's taken a little money off the table to buy mid-sized gold names like Alamos. He likes gold and this ETF was the purest play.
VanEck Gold Miners ETF is a American stock, trading under the symbol GDX (previously GDX-N on Stockchase) on the NYSE Arca (GDX). It is usually referred to as AMEX:GDX or GDX
In the last year, 2 stock analysts issued a Buy, Sell, or Hold rating on GDX (previously GDX-N on Stockchase). 1 analyst recommended to BUY and 1 analyst recommended to SELL the stock. The latest stock analyst rating is DON'T BUY. Read the latest stock experts' ratings for VanEck Gold Miners ETF.
VanEck Gold Miners ETF was recommended as a Top Pick by Jenny Harrington, CEO, Gilman Hill Asset Management on 2026-07-10. Read the latest stock experts ratings for VanEck Gold Miners ETF.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for VanEck Gold Miners ETF.
VanEck Gold Miners ETF is followed by 73 investors on Stockchase and is a trending stock that is worth watching.
On 2026-07-17, VanEck Gold Miners ETF (GDX) stock closed at a price of $71.32.
He bought. Gold has good seasonality in July, and the chart looks constructive now. He doesn't think the Fed will raise rates this year, because Trump will keep rates low heading into the US Midterms in November. And gold is the way to play it.