|Bid||37.66 x 800|
|Ask||0.00 x 1100|
|Day's Range||36.89 - 39.35|
|52 Week Range||19.04 - 48.79|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||1.01%|
As has been widely documented, gold miners stocks and the related exchange traded funds are getting drubbed this year. The VanEck Vectors Gold Miners ETF (NYSEArca: GDX ), the largest exchange traded fund dedicated to gold mining stocks, entered Monday with a year-to-date loss of more than 22%. An overlooked scenario is one of the reasons why gold mining equities are flailing this year.
Gold is down only 8% this year, but it’s off almost 13% from its high. For some reason, it has lost its allure as a hedge to inflation and global turmoil. The main culprit may just be the US dollar, which is only back to where it was in mid-2017. It’s tough to say why gold lost its glitter as a hedge—maybe investors are looking at other alternatives like bitcoin as a store of value in uncertain times.
With gold prices slumping, mining stocks and the related exchange traded funds are feeling the heat. Over the past month, the VanEck Vectors Gold Miners ETF (NYSEArca: GDX), the largest exchange traded ...
Gold prices are faltering and that is plaguing exchange traded funds tracking shares of gold miners. On Wednesday, the VanEck Vectors Gold Miners ETF (NYSEArca: GDX), the largest exchange traded fund dedicated ...
Gold recorded the fourth consecutive monthly decline, representing the longest stretch of losses since 2013. Here are the ways to go short on the yellow metal with ETFs.
This has been especially evident in gold mining stocks, which have traded sideways through 2018. Gold as a commodity has remained within a $60 range while precious metal traders anticipate inflationary signals that have yet to materialize. The effect on miners is clear if one takes a look at the index tracked by the Direxion Daily Gold Miners Index Bull and Bear 3X Shares ETF (NYSE: NUGT) (NYSE: DUST), which has remained range-bound since February.
President Donald Trump’s inconsistent politics have made trading the markets a challenge. But there's a consistency that short-term traders can exploit.
Amid an uptick in equity market volatility, some traders are seeking refuge in a familiar place: gold. Market participants are also renewing their enthusiasm for some gold miners exchange traded funds ...
Stocks are finding their footing on Wednesday, with the Dow Jones Industrial Average holding with a gain of more than 100 points as of this writing. Meanwhile, the CBOE Volatility Index is falling back to earth and investors are leaving their panic attack. Not with major, secular headwinds building including inflation, higher interest rates popping the bond bubble and a new Federal Reserve chairman that seems set on holding to the rate hike path.
The Direxion Daily Gold Miners Bull 3X Shares (NYSEArca: NUGT) and the Direxion Daily Gold Miners Bear 3X Shares (NYSEArca: DUST) are two of the most popular leveraged ETFs. They are also two of the most ...
Think gold prices are headed lower? There are lots of ways to capitalize on such a move, and a purchase of the Direxion Daily Gold Miners Bear 3X ETF (NYSEARCA:DUST) is a popular play. Not only does DUST stock rise when gold prices slide lower, it does so without taking on a risky short position that requires a margin account.
Over the past month, the two largest, non-leveraged gold miners exchange traded funds (ETFs), one of which tracks small-cap miners, are off 5 percent and 6.2 percent, respectively. Those declines are encouraging ...
Yahoo Finance's Jared Blikre joins Seana Smith from the New York Stock Exchange to discuss the latest moves in the markets.
The Federal Reserve raised rates yesterday after the conclusion of its FOMC meeting. It signaled three more rate hikes in 2018. Is that realistic? Yahoo Finance's Jared Blikre joins Seana Smith from the floor of the New York Stock Exchange to discuss.