The VanEck Gold Miners ETF (GDX) has delivered a 16% return so far in 2026, driven by a 52% rally from its July low. It trades at a low price-to-earnings ratio of 10.4x and has an 11.8% long-term earnings growth rate, resulting in a compelling PEG ratio under 1x. Technical analysis indicates a breakout from a descending triangle pattern, targeting a price of $115, about 15% above last week's close. Despite some short-term seasonal risks, strong fund inflows, solid fundamentals, and positive technical signals support a bullish outlook for GDX.
The VanEck Gold Miners ETF (GDX) has gained 76.34% over the past year but remains about 22% below its 52-week high despite gold prices reaching record levels near $4,270. This underperformance is due to GDX's focus on large, mature mining companies w...
Gold prices have surged significantly over the past years, but investors holding SPDR Gold Trust (GLD) in taxable accounts face a higher tax rate of 28% on long-term gains, classified as collectibles, compared to 15-20% for equity ETFs. Additionally,...
