Macroeconomic Tailwinds Fuel Sector Optimism

The VanEck Gold Miners ETF (GDX) continues its remarkable ascent, capitalizing on an unprecedented rally in gold markets. With bullion achieving a historic peak of $3,543.71 per ounce, shares of companies within the mining sector have experienced substantial upward momentum. This surge prompts the question of whether the fund can maintain its current trajectory.

Current market conditions appear highly favorable for gold. Anticipated interest rate cuts by the U.S. Federal Reserve, Read more...