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VanEck Vectors Gold Miners ETF (GDX)

$43.38 UPDATED 22/03/2021 09:47

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bear

bull

MM remains bullish and long the GDX.

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OPINION

22/03/2021 09:26

VanEck Vectors Gold Miners ETF (GDX) $43.38

Last week we went long the GDX ETF in our Global Macro ETF Portfolio our initial target is ~20% higher but a test of recent highs would not surprise.

17/03/2021 09:09

Vaneck Vectors Gold Miners ETF (GDX) $43.39 – MM are buying GDX in the Global ETF Portfolio

This is an ETF that tracks a bucket of global gold companies and is listed in Australia and overseas. Below is the Australian version listed on the ASX and we are using recent weakness to add the basket to the MM Global ETF Portfolio

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GDX

UPDATED 22/03/2021 09:11

MM remains bullish and long the GDX.

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GDX

UPDATED 17/03/2021 09:03

MM are buying GDX in the Global Macro ETF Portfolio with a 10% portfolio weighting

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ETF tracking a group of gold mining companies

VanEck Vectors Gold Miners ETF (GDX) aims to provide investment returns before fees and other costs which track the performance of the NYSE Arca Gold Miners Index (AUD). Its largest allocation is in North American companies, principally those domiciled in Canada. The ETF weights the holdings using a market capitalisation methodology.

The ETF is listed on the ASX under code GDX

For more information – Click here to go to the ETF information page