High Break-Even Costs Weigh on Gold Miner ETFs

After bouncing back from their six-year lows, gold miner exchange traded funds could find trouble gaining a foothold on their climb back up as production costs remain mostly above current spot prices. The Market Vectors Gold Miners ETF (NYSEArca: GDX) has surged 19.3% off its November 5 low. GDX,...
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