Gold Miners ETF (GDX) priced in gold
What Gold Miners ETF (GDX) is worth when the price is counted in gold instead of dollars.
One troy ounce of gold was worth 47.2 Gold Miners ETF (GDX) shares on 9 October 2026.
Price in US dollars: $89.28
Change in gold and in US dollars
| Period | In gold | In US dollars |
|---|---|---|
| 1 year | +11.3% | +18.1% |
| 5 years | +21.3% | +191% |
| 10 years | +15% | +288% |
As of 9 October 2026.
Over ten years the Gold Miners ETF (GDX) share price rose 15% against gold: holding the shares did better than holding the metal, before dividends.
Gold Miners ETF (GDX) in gold terms
This fund holds the shares of the large listed gold miners, so it stands for the industry as a whole and not for one company's luck. Mining shares are often bought as a stronger bet on gold, since profits grow faster than the gold price when costs stay flat. Measured in ounces of gold, the fund shows whether the industry as a whole delivered that, or whether rising costs and new shares ate the difference.
Questions about Gold Miners ETF (GDX) in gold
How much is Gold Miners ETF (GDX) worth in gold?
One troy ounce of gold was worth 47.2 Gold Miners ETF (GDX) shares on 9 October 2026. Its price in US dollars was $89.28.
How has Gold Miners ETF (GDX) performed in gold terms?
Measured in gold, Gold Miners ETF (GDX) changed by +11.3% over one year, +21.3% over five years, +15% over ten years, as of 9 October 2026. In US dollars the changes were +18.1% over one year, +191% over five years, +288% over ten years.
Has Gold Miners ETF (GDX) outperformed gold?
Over ten years the Gold Miners ETF (GDX) share price rose 15% against gold: holding the shares did better than holding the metal, before dividends. As of 9 October 2026.