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Commodity Mining ETFs Plunge as Profit-Taking Hits Gold, Silver, Lithium

GateNews
MetalsCommodities
XAU1.12%
XAG0.61%
XCU2.06%
According to Seoul Economy, commodity mining exchange-traded funds that topped global ETF returns from late 2025 through early 2026 have posted sharp declines over the past three months. Gold mining strategy ETF GDMN fell 28.46% in the three-month period through July 7, while gold-focused GOEX dropped 19.38%, according to Koscom ETF CHECK. Silver mining ETFs SLVP and SILJ declined 16.42% and 17.22% respectively, as profit-taking accelerated following commodity price rallies. Gold prices retreated from an intra-day record of $5,595 per ounce in January to below $4,000 by late June. Copper mining ETF COPJ was the sole gainer with a 0.15% gain over the period, supported by structural demand from AI infrastructure investments, while lithium mining LITP fell 12.56% amid supply expansion concerns.
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