Each week, ETF Trends publisher Tom Lydon sits down for “ETF of the Week” for MarketWatch on Chuck Jaffe’s MoneyLife Show where he highlights big movers and losers among exchange traded funds.
This week, Lydon looked at the VanEck Vectors Gold Miners ETF (GDX) as gold miners are regaining their luster.
Concerns over President Donald Trump’s fiscal stimulus policies and his administration’s friction with traditional allies supported bullish bets on gold.
Additionally, uncertainty about the pace of rate increases help gold as a short-term safe haven.