As I'm sure you have heard, Moody's downgraded US debt last weekend.
Despite a brief pullback from recent highs, gold has been on a historic run in 2025, surging to record levels as investors flock to the precious metal as a haven. Gold broke above the $3,000 mark for the first time in March and rallied nearly 15% over the past month to touch a record high near $3,500.
Despite gold hitting its huge milestone of $3,000 per ounce, several analysts are calling for gold to hit an even more monumental level: $4,000. Analysts at JPMorgan and Goldman Sachs see gold getting to $4,000 by mid-2026.
![]() GDX 18 Dec 2023 Paid | Annual | $0.5 Per Share |
![]() GDX 19 Dec 2022 Paid | Annual | $0.48 Per Share |
![]() GDX 20 Dec 2021 Paid | Annual | $0.53 Per Share |
![]() GDX 21 Dec 2020 Paid | Annual | $0.19 Per Share |
![]() GDX 23 Dec 2019 Paid | Annual | $0.19 Per Share |
![]() GDX 18 Dec 2023 Paid | Annual | $0.5 Per Share |
![]() GDX 19 Dec 2022 Paid | Annual | $0.48 Per Share |
![]() GDX 20 Dec 2021 Paid | Annual | $0.53 Per Share |
![]() GDX 21 Dec 2020 Paid | Annual | $0.19 Per Share |
![]() GDX 23 Dec 2019 Paid | Annual | $0.19 Per Share |
ARCA Exchange | US Country |
The company in discussion is a specialized investment fund focusing on the gold mining sector. It dedicates a substantial portion of its assets, at least 80%, to invest in common stocks and depositary receipts of companies engaged in the gold mining industry. This investment strategy aims to leverage the growth and potential profitability within the mining for gold and silver. The fund adheres to a modified market-capitalization weighted index, which prioritizes publicly traded companies active in the gold and silver mining sectors. Given its specialized investment focus, the fund operates as a non-diversified entity, concentrating its investments in the niche market of gold and silver mining companies.
The fund offers a focused investment product characterized by two main components: