Global X Gold Explorers ETF

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Gold Mining ETF (GOEX) Hits a New 52-Week High
ZACKSยท 2025-09-03 10:01
Group 1 - The Global X Gold Explorers ETF (GOEX) has reached a 52-week high and has increased by 99.8% from its 52-week low of $28.79 per share [1] - The underlying index for GOEX, the Solactive Global Gold Explorers & Developers Total Return Index, measures the performance of global companies involved in gold exploration and is liquidity-tested and market capitalization-weighted [1] - GOEX charges an annual fee of 65 basis points [1] Group 2 - Gold mining ETFs are experiencing high performance due to increased safe-haven demand for gold, central bank purchases, and a weaker dollar [2] - GOEX has a positive weighted alpha of 108.60, indicating strong momentum and potential for continued outperformance in the coming months [3]