Gold-mining ETFs losing their shine following torrid 2025 rally
Investors are exiting exchange-traded funds that track the shares of gold-mining companies, a sign that the high-flying sector’s allure may be dimming even as prices for the precious metal remain strong. Gold-mining stocks have soared this year, outpacing the 24% climb in gold prices and leaving the broader S&P 500 Index in the dust as investors sought haven assets amid worries over global trade and massive government spending. The VanEck Gold Miners ETF, the largest exchange-traded fund tracking the group, is up 57% year to date.
Investors are exiting exchange-traded funds that track the shares of gold-mining companies, a sign that the high-flying sector’s allure may be dimming even as prices for the precious metal remain strong.
Gold-mining stocks have soared this year, outpacing the 24% climb in gold prices and leaving the broader S&P 500 Index in the dust as investors sought haven assets amid worries over global trade and massive government spending. The VanEck Gold Miners ETF, the largest exchange-traded fund tracking the group, is up 57% year to date.
