Gold Rout Sparks Surge In Bear ETFs As Traders Flip Short On Miners - Direxion Daily Gold Miners Index Bear 2X ETF (ARCA:DUST), SPDR Gold Shares (ARCA:GLD)
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Published on March 23, 2026.
Traders are shifting from bullish to short positions in gold stocks, as miners are more sensitive to falling gold prices. This has led to a surge in inverse gold miner ETFs, which rose 24% and 25% respectively in the past five days. The decline in gold can also be attributed to a change in interest rate expectations. Concerns about the Middle East conflict and potential asset sales are also causing concern for investors.
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