
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 garnered mixed reviews from investors. One expert views gold as too speculative, focusing on fundamentals over market trends. Conversely, another expert is optimistic about investing in gold, citing its favorable seasonality in July and a positive technical chart. They believe that the current political climate, particularly with expectations that the Federal Reserve will not raise interest rates due to upcoming midterms, supports a bullish outlook for gold. This divergence in perspectives highlights the volatility often associated with gold investments, suggesting that while some see opportunity, others may prefer a more conservative approach to their portfolios.
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 PAST TOP PICK. Read the latest stock experts' ratings for VanEck Gold Miners ETF.
VanEck Gold Miners ETF was recommended as a Top Pick by John Zechner on 2020-07-13. 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 2026-07-10, VanEck Gold Miners ETF (GDX) stock closed at a price of $75.53.
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.