The gold miner ETF of GDX saw a net December gain of +$3.14 (3.8%) to $85.77. For the year, GDX was net higher by a monstrous $52.10 (+154.8%).
GDX, monthly
Summary
The collective of miners printed a new historic high of $91.67, if cooling back to $85.77 December's candle is rather spiky on the upper side, and threatens some cooling in early 2026. Monthly momentum ticked upward, and is on the very high side. Monthly RSI 82s remains overbought.
For the year, GDX was net higher by a monstrous +154.8%, helped by powerful upside in gold, silver, and further helped by the positive equity market.
-
Four of the key miners...
Agnico Eagle Mines (AEM)
Agnico saw a net December decline of -$4.50 (2.6%) to $169.53. Monthly
momentum ticked a touch lower, and is on the very high side. Vol' picked up to 53.3M.
--
Newmont (NEM)
Newmont saw a net December gain of +$9.12 (10.0%) to $99.85. Monthly
momentum ticked a little higher, and is on the extremely high side. Vol' was a pretty standard 191M
--
Barrick Mining (B)
Barrick saw a net December gain of +$2.21 (5.3%) to $43.55. Momentum is on the very high side. Vol' further declined to 264M
--
Pan American Silver (PAAS)
Pan American Silver saw a net December gain of +$6.14 (13.4%) to
$51.81. Volume remained a high 146M
--
Of
the four, yours truly favours Agnico Eagle Mines, which has been the
sector leader for over a year.
-
-
For more of the same...
Subscription details >>> https://www.tradingsunset.com
