The investment seeks to replicate as closely as possible- before fees and expenses- the price and yield performance of the NYSE Arca Gold Miners Index. The fund normally invests at least 80% of its total assets in common stocks and …
AUDIO: 2014, Year of the Bear for Chinese Stocks? From 2011 to 2013, ETFs tied to large-cap gold mining stocks (NYSEARCA:GDX) lost 79%, while small-cap miners (NYSEARCA:GDXJ) crumbled 111.58%. The Direxion Shares …
Barrick Gold (ABX) has underperformed senior and intermediate peers (GDX) (GDXJ) as well as the broader benchmark index (GDX). Barrick has guided for production of 4.5 million–5.0 million ounces of gold in 2018, which implies a ~11% …
Usually, precious metal mining companies are closely related to movements in precious metals. Gold, platinum, and palladium had a down-day on Thursday, April 5, whereas silver had an up-day. Most mining companies followed the …