iShares MSCI Global Gold Miners ETF Price & Performance (RING)

The iShares MSCI Global Gold Miners ETF (RING) has soared to a new 52-week high, climbing over 53% from last year's lows. This surge is fueled by gold prices breaching $3,200 per ounce, driven by safe-haven buying amid tariff uncertainty, a weaker dollar, and expectations of Fed rate cuts.12

Technical analysis shows the RING ETF trading at $40.48, with key moving averages signaling a continued buy trend. The ETF's 20-, 50-, and 100-day averages all indicate upward momentum, while its price rate of change and volatility suggest ongoing investor interest despite some overbought indicators.34

Gold mining ETFs, including RING, are among the best performers this year, with RING delivering a 35.5% year-to-date return. Persistent inflation and trade tensions have bolstered gold prices, but analysts caution about the sector's volatility and potential for sharp corrections if economic conditions improve.56