Gold Mining ETF Surges as Sector Momentum Builds
25.09.2025 - 07:36:04Key Drivers Behind the Rally
The VanEck Gold Miners ETF (GDX) continues to demonstrate remarkable strength, posting gains exceeding 118% since the start of the year. This impressive performance is fueled by a significant gold rally that has taken hold of the markets in September 2025.
A combination of factors is creating a powerful tailwind for gold and the companies that mine it. Persistent inflationary pressures, ongoing geopolitical instability, and growing anticipation of interest rate cuts by the U.S. Federal Reserve are converging to boost the appeal of non-yielding assets like gold. This favorable environment is amplifying the performance of mining equities, which often exhibit a leveraged effect to rising metal prices. As gold appreciates, profit margins for mining operators can expand exponentially.