Ultimate Guide to Van Eck Market Vectors TR Gold Miners (GDX)

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"Investors have more than a couple of choices within the gold ETF space, including choosing between bullion-oriented funds, futures-oriented funds and funds that hold stocks in gold miners."

Gold ETFs have become exceptionally popular, as these instruments mitigate many of the most pressing drawbacks to gold ownership—wide bid/ask spreads, physical storage needs and convenient buying and selling options. Investors have more than a couple of choices within the gold ETF space, including choosing between bullion-oriented funds, futures-oriented funds and funds that hold gold stocks in gold miners. As the largest gold miner-oriented fund, Market Vectors Gold Miners ETF (GDX) is an interesting option worthy of further exploration [see Free Report: How To Pick The Right ETF Every Time].

In A Nutshell

GDX gives investors exposure to gold prices through ownership stakes in gold-mining companies. The Gold Miners ETF was launched in May of 2006 and has since accumulated nearly $10 billion in assets under management [see Mining Boom ETFdb Portfolio].

This ETF replicates the NYSE.Arca Gold Miners Index—a modified market cap-weighted index that includes companies worldwide whose primary operations are gold mining. . .View Full Article

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