Industry Consolidation Has Been an Epic Driver For Gold Miners ETFs
December 06, 2019 at 11:03 AM EST
The VanEck Gold Miners ETF (NYSEArca: GDX), the largest ETF dedicated to gold miners, is up 30.30% this year and one of the primary reasons for the fund’s stellar showing is a spate of consolidation in the precious metals mining space. GDX is comprised of global gold miners, with a notable...