GDX (VanEck Vectors Gold Miners ETF)

GDX (VanEck Vectors Gold Miners ETF) is a stock market fund that invests in companies involved in gold mining. Instead of buying physical gold, it offers investors exposure to the performance of gold mining companies, which tend to rise when gold prices increase. GDX provides a way to gain diversified exposure to the gold mining industry through a single investment, reflecting overall industry trends rather than individual company performance. It’s useful for investors looking to benefit from gold’s value without directly holding physical gold, and its value can fluctuate with both gold prices and the health of the mining sector.