Commodities

GDX Shares Plummet Amid Market Volatility and Gold Price Drop

Guavy AI Editorial Team Published October 1, 2026

Instruments

Gold

The VanEck Gold Miners Equity ETF (GDX) closed at $87.80 on September 30, down by 1.43% from the previous day's close of $89.755.

This decline follows a 6% slide in gold prices during September, which has impacted GDX shares.

According to recent news, the 10-year Treasury yield has reached its highest quarterly gain in over three decades, a factor that may be contributing to the current market trends affecting gold and GDX.

The Wire

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