Gold Miner ETFs Draw Tepid Response to Barrick, Randgold Merger
This article was originally published on ETFTrends.com.
Despite the merger of two gold producing giants, gold miner stocks and sector-related exchange traded funds remained relatively muted in Monday action, potentially reflecting investor concerns for the industry. On Monday, the VanEck Gold Miners ETF (NYSEArca: GDX) was up 0.1%. Barrick Gold Corp. (NYSE: ABX) has acquired Rangold Resources (NasdaqGS: GOLD) for $6 billion [...]