Retail Investors Pile Into Gold Miners as $GDX Inflows Surge

The gold miners ETF, $GDX, attracted $9 million in retail inflows on Wednesday, marking its sixth daily inflow over the past seven trading sessions.
That follows $17 million in inflows on Monday and $25 million on Friday, the largest daily inflow in at least a year. By comparison, the previous largest daily inflow of 2026 was $23 million in February.
Overall, $GDX has attracted $419 million in inflows so far this month, putting it on track for its largest monthly intake since February.
Demand for gold-mining stocks is surging.