Category: ASX:GDX

ASX:GDX

Gold surges another $US100 but stocks lag

Subscribe to Market Matters Blog

Latest Reports

Afternoon report 22/07/2026

The Match Out: Miners spring back to life, supporting the ASX

A reasonable day for the ASX as investors returned to beaten-down miners, with strength across copper, gold and energy stocks more than offsetting weakness in healthcare and technology. The buying was patchy though, with only 3 of 11 sectors trading higher, implying there is still a fair degree of caution out there.

Morning report 22/07/2026

Portfolio Positioning: The Chipmakers put a spring back into Global Equities

US stocks rose on Tuesday, led by semiconductor stocks, as investors looked through the latest developments in the Iran conflict and shifted their focus to a solid start to the US earnings season. Industrial giant 3M jumped more than 7% after delivering a stronger-than-expected second-quarter result, while General Motors gained nearly 5% after beating earnings and revenue forecasts. The reporting season has begun strongly, with almost 88% of the 66 S&P 500 companies that have reported so far beating earnings expectations. Attention now turns to results from Alphabet, IBM and Tesla later this week.