VanEck Gold Miners ETF (GDX) Price

Gold Miners Outrun Gold's 60% Rally, Stirring Correction Fears

On December 16, 2025, a report noted that gold miners' stocks have outrun gold's own 60% price gain, raising concerns that the stocks are overvalued and may be due for a correction.

Burry Pivots to Gold, Challenging AI Rally

Michael Burry's Scion Asset Management has reportedly taken a significant position in gold, a move that contrasts with his bearish stance on AI leaders like NVIDIA. The pivot aligns with growing institutional interest in precious metals amid macroeconomic shifts.

BRICS Gold Initiative Challenges US Dollar System

China is leading a strategic initiative to reduce reliance on the U.S. dollar by accumulating gold and launching a partially gold-backed currency with BRICS nations. This campaign is occurring as U.S. monetary easing weakens the dollar, prompting a significant shift in global asset allocation toward precious metals.

Saxo Bank's 2026 Forecasts: Gold at $10,000 and a Trillion-Dollar AI Crisis