Price: $89.28
· 1 day: +2.95% · 5 days: +1.71% · 1 month: -10.24% · YTD: +4.09%
As of 2026-10-09 20:00 UTC.
52-week range: $68.13 – $117.18 (currently at 43% of the range).
The read
GDX is in a downtrend, momentum soft. $90 is the level overhead; $83.48 the first support below.
4 of 6 technical checks lean bearish.
Price vs 50-day: below
Price vs 200-day: below
50d vs 200d avg: above
MACD: bearish
RSI momentum: 40
5-day tape: +1.7%
Trend
Downtrend · below 50-day & below 200-day
Momentum
RSI 40.34 · neutral · MACD bearish
Trend strength
ADX 17.7 · weak or range
Location
-3.7% vs 50-day MA
52-week range
-23% from high · +31% from low
Volatility
ATR 2.82 · ~3.2%/day
Key levels
Level
Type
Distance
$90.0 (resistance)
round
0.81%
$90.51 (resistance)
swing zone
1.38%
$91.1 (resistance)
sma 200
2.04%
$83.48 (support)
swing zone
-6.5%
$80.08 (support)
swing zone
-10.3%
$78.6 (support)
swing zone
-11.96%
Indicators
RSI (14)
40.34
MACD
-1.867
ADX (14)
17.7
ATR (14)
2.82
50-day average
$92.67
200-day average
$91.1
Latest GDX news
Basic Materials Roundup: Market Talk — Ramelius Resources' first-quarter gold output fell short of market expectations, triggering selling pressure on its stock. However, Ord Minnett suggests investors may overlook the quarterly underperformance and focus on (The Wall Street Journal, 2026-10-08)
Tanzania gold mine deaths at centre of case against London accreditor of refiners — A six-week trial commenced in London on Wednesday against the London Bullion Market Association (LBMA), an industry accreditation body, regarding alleged human rights abuses in gold supply chains. The lawsuit centers on (Reuters, 2026-10-08)
BHP Sells Shuttered Australian Nickel Plant to Gold Fields — BHP Group has agreed to sell its shuttered Kambalda nickel concentrator plant and associated land in Western Australia to Gold Fields Ltd., with the transaction price undisclosed. The sale includes mining tenements, and (Bloomberg Business, 2026-10-07)
The Popular Jeweler That Got Caught in a Whirlwind When Gold Went Haywire — Mejuri, a jeweler popular with young women and worn by celebrities like Taylor Swift, is facing financial pressure as gold prices surged to $3,000 per troy ounce. The article highlights how the recent volatile gold marke (The Wall Street Journal, 2026-10-04)
London Gold Body's Legal Fight Exposes Threat to Bullion Market — The London Bullion Market Association (LBMA), which sets rules for the world's largest gold market, faces an existential legal challenge in a London courtroom next week. The lawsuit, brought against the LBMA, could have (Bloomberg Business, 2026-10-03)
Foreign bid highlights Australia's battle to forge a gold champion — Australia's largest gold miner, Northern Star Resources, has rejected a A$39bn ($27bn) takeover bid from South African rival Gold Fields, leaving the company vulnerable to a potential acquisition. The bid comes after Nor (Financial Times News, 2026-10-02)
African Gold Miners Are Digging Elsewhere for Growth — African gold miners are increasingly seeking growth opportunities outside the continent, according to a newsletter analysis. This trend reflects a strategic shift as companies look to diversify their asset bases and miti (Bloomberg Business, 2026-09-30)