| The Market Vectors Gold Miners ETF is 25.6% year-to-date and nearly 46% over the past year. In some cases, losses for gold miners exchange traded funds are worse than those posted by GDX, the largest gold miners ETF.
Falling gold prices are obviously problematic for GDX and rival gold miners funds, but some analysts see another, arguably surprising negative catalyst emerging: Copper. The iPath Dow Jones-UBS Copper Subindex Total Return ETN is down 17.2% over the past three months and that affects GDX and other miners funds because some big-name gold miners are also copper producers...............................................Full Article: Source
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