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Benzinga
Benzinga
Business
Chandrima Sanyal

Gold Miners Surge as Retail Piles Into GDX: 6 ETFs to Watch

Gold GDX ETF The Kobeissi Letter Mining
Gold ETFs, Miners Surge Over 100%, Signaling Stagflation Rally

Retail investors are piling into gold-mining stocks after a sharp rally across the sector, with buying accelerating in the VanEck Gold Miners ETF (NYSE:GDX).

GDX attracted $9 million in retail inflows Wednesday, marking its sixth daily inflow over the past seven trading sessions, according to data highlighted by The Kobeissi Letter. That followed $17 million on Monday and $25 million on Friday, with Friday’s inflow the largest single-day retail intake for the ETF in at least a year.

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