NYSEARCA:GDX

VanEck Gold Miners ETF (GDX)

91.89
+1.92 (2.13%)
as of Aug 17, 2026, 8:00:00 pm Market Open.
73 watching
0
Investor Insights
star iconAug 16, 2026, 12:00 am

This summary was created by AI, based on 3 opinions in the last 12 months.

The VanEck Gold Miners ETF (GDX-N) is currently trading at a reasonable price to NAV, indicating potential for growth if the USD peaks and gold prices rise. While one expert sees gold stocks as an appealing investment, caution is advised due to the fickle nature of the sector and upcoming quarter challenges that may impact margins. However, another expert views gold as speculative, aligning with a fundamental investment strategy that does not support this trend. Notably, a third expert acknowledges the positive seasonality of gold in July and predicts a stable interest rate environment due to political factors, advocating for an investment in gold during this time. Overall, the outlook is mixed with optimism tempered by concerns over market volatility.

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Consensus
Mixed
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Valuation
Fair Value
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WEAK BUY

Gold is now trading pretty soberly on price to NAV. If you believe that the USD is eventually going to put in a high here and gold will start to assert itself (and that's the better view), then you can buy gold stocks here. Gold stocks can be fickle. Upcoming quarter may see margins pinched a bit due to higher costs, but that's already reflected in the price.

BUY

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.

DON'T BUY

Gold is too speculative. She's a fundamentals investor.

RISKY

He's not a big buyer in the gold space. His models look for intrinsic value. Gold does not have a dividend or cashflow or a revenue stream. Lots of excitement in the space, but it can be volatile over its history. 

That being said, XGD or GDX are probably your best bets.

WATCH
Gold.

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.

BUY
ETF for gold producers.

XGD and ZGD are the Canadian go-to names. ZGD is equal weight, so the big caps don't run the show.

In the US, he likes GDX or GDXJ (for the juniors).

BUY

Likes gold bullion as hedge against US Dollar.
Gold stocks at 5 year lows.
Good time to buy.

DON'T BUY
Likes it as well as GLD in the gold space, but he doesn't own any gold. Gold does not hedge against inflation or war. Gold is doing nothing as Putin wages war and other countries like China arm themselves.
BUY
options This ETF has hung in there even as gold has flattened. The market bought 10,000 of the April 29 expiring calls, going for 70 cents. This is a breakout. Goldminers will continue to rise and maybe make new 52-week highs.
PAST TOP PICK
(A Top Pick Dec 23/21, Up 26%) Nearing end of seasonal period so on following the mandate sold last position. But gold still has room to run and can do well.
TOP PICK
Representative, cap-weighted. Gold performs well coming into the new year. That, plus rising stock market and rising gold prices, and you could see gold miners do quite well. The run could extend into March and April.
BUY
Depending on the vectors you want exposure to, these are his favourite ways to play the gold sector. He believes the world will be in a low interest rate environment for years to come. Gold will outperform.
COMMENT

Broad lithium play with LIT. Battery technology is the future. You want to buy on dips. For copper, COPX is a basket of copper focused fund. For broader precious metals, GDX would be his preference.

BUY
He is still very bullish on it. The next move by the Feds is something that must be measured over the next year or two. There is bandwidth on how you want to play it, but he remains bulllish.
BUY
Going on two years, he's been bullish on gold and gold miners. Gold miners are the biggest position in all his defensive portfolios. It will be more volatile than it has been, but he believes there is still lots of room to run still.
Showing 1 to 15 of 62 entries

VanEck Gold Miners ETF (GDX) Frequently Asked Questions

What is VanEck Gold Miners ETF stock symbol?

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

Is VanEck Gold Miners ETF a buy or a sell?

In the last year, 3 stock analysts issued a Buy, Sell, or Hold rating on GDX (previously GDX-N on Stockchase). 2 analysts recommended to BUY and 1 analyst recommended to SELL the stock. The latest stock analyst rating is WEAK BUY. Read the latest stock experts' ratings for VanEck Gold Miners ETF.

Is VanEck Gold Miners ETF a good investment or a top pick?

VanEck Gold Miners ETF was recommended as a Top Pick by Greg Newman on 2026-07-23. Read the latest stock experts ratings for VanEck Gold Miners ETF.

Why is VanEck Gold Miners ETF stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for VanEck Gold Miners ETF.

Is VanEck Gold Miners ETF worth watching?

VanEck Gold Miners ETF is followed by 73 investors on Stockchase and is a trending stock that is worth watching.

What is VanEck Gold Miners ETF stock price?

On 2026-08-17, VanEck Gold Miners ETF (GDX) stock closed at a price of $91.89.

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3.7(3)
Based on 3 expert opinions: 2 buy 0 hold 1 sell