GDX's Gold Pursuit Quickens
2 Articles
2 Articles
GDX's Gold Pursuit Quickens
GDX's Gold Pursuit Quickens The higher gold stocks climb, the more traders will want to chase their upside quickening their gains. With gold stocks still seriously undervalued, allocations can still be added with earlier buying improving potential for bigger gains. Adam Hamilton Thu, 04/17/2025
GDX’s Gold Pursuit Quickens
Adam Hamilton, CPA The dominant gold-miners ETF’s catch-up rally with gold is really accelerating. Traders are increasingly flocking back to gold stocks as their metal soars deeper into the psychologically-huge $3,000s. Despite their mounting gains, gold stocks remain seriously undervalued relative to their metal. They still need to mean revert massively higher to reflect their epic fundamentals with these lofty prevailing gold prices. The GD…
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