Gold's Best Year Since 1979, And Why I'm Upgrading GDX To A Buy Now (Rating Upgrade)

Group 1 - Gold had its best year since 1979 in 2025, indicating a significant recovery and strong performance in the precious metals market [1] - The VanEck Gold Miners ETF (GDX) returned 155% in 2025, which is more than double the gain of gold itself, showcasing the outperformance of gold mining stocks relative to the underlying commodity [1] - The article emphasizes the importance of thematic investing and macro drivers of asset classes, suggesting a focus on broader market conditions and sector analysis [1]