|Bid||16.09 x 91600|
|Ask||16.10 x 188000|
|Day's Range||16.06 - 16.19|
|52 Week Range||14.44 - 19.12|
|PE Ratio (TTM)||3.67|
|Expense Ratio (net)||0.50%|
The Market Vectors Gold Miners ETF (NYSEARCA:GDX) popped 2.12% making it one of the few green ETFs amid a sea of red. GDX is also completing a multi-month triangle pattern that could continue to propel the precious metal fund higher. For months the the CBOE Volatility Index has been dead as a doornail.
Dennis Gartman believes investors should allocate 10 to 15 percent of their portfolios to gold.
Gold futures settled lower on Tuesday as the U.S. dollar firmed in late trade, helping to erase a slight advance for the dollar-sensitive commodity earlier in the day.