Gold Mining ETF (GDXJ) Hits New 52-Week High

Group 1 - The VanEck Junior Gold Miners ETF (GDXJ) has reached a 52-week high and is up 189.75% from its 52-week low price of $41.85 per share [1] - The underlying index, MVIS Global Junior Gold Miners Index, tracks the performance of the gold mining industry, including micro and small capitalization companies [1] - GDXJ charges an annual fee of 51 basis points [1] Group 2 - Recent trends indicate increasing central bank buying, ongoing economic uncertainty, expectations of further Fed rate cuts next year, and a softer dollar, all contributing to a favorable outlook for gold [2] - Gold is viewed as a reliable diversification tool for tech-heavy portfolios amid persistent bubble concerns surrounding AI [2] Group 3 - GDXJ is expected to continue its strong performance in the near term, supported by a positive weighted alpha of 184.29, indicating potential for further rally [3]