Gold Miners ETF Experiences Huge Influx

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Gold Miners ETF Experiences Huge Influx

Looking right this moment at week-over-week shares excellent modifications among the many universe


Looking right this moment at week-over-week shares excellent modifications among the many universe of ETFs coated at ETF Channel, one standout is the Gold Miners ETF (Image: GDX) the place we now have detected an approximate $68.7 million greenback influx — that is a 0.6% enhance week over week in excellent items (from 438,652,500 to 441,152,500). Among the many largest underlying parts of GDX, in buying and selling right this moment Barrick Gold Corp. (Image: GOLD) is up about 0.7%, Franco-Nevada Corp (Image: FNV) is up about 0.7%, and Agnico Eagle Mines Ltd (Image: AEM) is decrease by about 0.2%. For a complete list of holdings, visit the GDX Holdings page »

The chart beneath exhibits the one yr value efficiency of GDX, versus its 200 day shifting common:

Gold Miners ETF 200 Day Moving Average Chart

Trying on the chart above, GDX’s low level in its 52 week vary is $19.50 per share, with $30.96 because the 52 week excessive level — that compares with a final commerce of $27.56. Evaluating the newest share value to the 200 day shifting common will also be a helpful technical evaluation approach — learn more about the 200 day moving average ».



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