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Gold Miners ETF (GDX) Elliott Wave Outlook: Zigzag Correction Underway

World Gold brief based on reporting byCryptoRank
Brief

Reported by CryptoRank: “Gold Miners ETF (GDX) Elliott Wave Outlook: Zigzag Correction Underway”. Gold settled at $4,366 an ounce on September 2, 2026 — $140.38 per gram, +0.42% on the day.

Why it matters

Changes in production, costs and reserves affect future metal availability. The impact is slower than rates or the dollar, but material for the long-term supply balance.

Transmission channels
  • mine output
  • production costs
  • capital expenditure
  • recycling
What to watch next
  • production guidance
  • producer AISC
  • new projects and permits
Methodology and transparency

This World Gold brief is based on the headline and available metadata. We do not reproduce the publisher's article or add unverified details. The price on the date of the report is our own data: the daily COMEX futures settlement, converted to grams at 31.1035 g per troy ounce.

Read the full report at the original publisherCryptoRank
Data on this topicGold price today by currency
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