Gold Mining ETF Reaches New Heights Amid Record Bullion Prices

The VanEck Gold Miners ETF (GDX) continues to demonstrate impressive momentum as gold prices achieve unprecedented levels. Early October 2025 witnessed the precious metal surge to $3,900 per ounce, establishing a new historical peak. This substantial rally has positioned the prominent mining equity ETF firmly in the spotlight of market attention.

GDX maintains a highly focused investment approach, with its ten largest holdings accounting for a significant 52.89% of the fund’s total assets. The ETF’s portfolio contains approximately 53 securities from international gold and silver mining corporations. This strategic emphasis on industry leaders amplifies the fund’s sensitivity to rising gold prices, though it simultaneously introduces concentration risk that investors should consider.

Benchmark Transition and Fund Metrics

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