ProShares Ultra Gold (UGL)
| Assets | $843.28M |
| Expense Ratio | 0.95% |
| PE Ratio | n/a |
| Shares Out | 14.95M |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Ex-Dividend Date | n/a |
| Payout Frequency | n/a |
| Payout Ratio | n/a |
| Volume | 2,192,154 |
| Open | 53.39 |
| Previous Close | 56.03 |
| Day's Range | 53.39 - 54.70 |
| 52-Week Low | 33.52 |
| 52-Week High | 90.40 |
| Beta | 0.30 |
| Holdings | 5 |
| Inception Date | Dec 1, 2008 |
About UGL
Fund Home PageThe ProShares Ultra Gold (UGL) is an exchange-traded fund that is based on the Bloomberg Gold Subindex index. The fund provides 2x the daily performance of gold, as measured by the price of COMEX gold futures contracts. UGL was launched on Dec 1, 2008 and is issued by ProShares.
Top Holdings
200.16% of assets| Name | Symbol | Weight |
|---|---|---|
| GOLD 100 OZ FUTR AUG26 | n/a | 74.94% |
| BLOOMBERG GOLD SUBINDEX SWAP - CITIBANK NA | n/a | 70.48% |
| BLOOMBERG GOLD SUBINDEX SWAP - UBS AG | n/a | 41.83% |
| BLOOMBERG GOLD SUBINDEX SWAP - GOLDMAN SACHS | n/a | 12.91% |
| NET OTHER ASSETS / CASH | n/a |
Performance
UGL had a total return of 50.54% in the past year, including dividends. Since the fund's inception, the average annual return has been 13.32%.
News
UBS lowers 2026 gold price forecast to $5,500/oz: ‘Markets are rediscovering the concept of opportunity cost'
Swiss banking giant UBS has cut its year-end 2026 gold price forecast from $5,900 to $5,500 per ounce, citing risks of persistent headwinds from elevated Treasury yields and sustained U.S. dollar stre...
Gold Price Analysis – Gold Drops Again on Wednesday. Can it Bounce?
The gold market has drifted lower on Wednesday, as traders continue to see a lot of downward pressure on precious metals overall. With this, the market looks likely to be a “fade the rally” situation.
Metals drop as Iran deal hopes cut oil, haven bid - Kitco AM Report
Spot gold and silver prices are sharply lower in early U.S. trading Wednesday, as lower oil prices, firmer global equities and reduced safe-haven demand outweighed support from lower Treasury yields.
Gold (XAUUSD) & Silver Price Forecast: Ceasefire Holds – Gold Tumbles Below $4,500, Silver at $76.59?
With the stable Middle East truce reducing geopolitical risk premium, gold and silver reacted to technical pressure. Gold broke lower below $4,500 targeting $4,453 while silver held near $76.59 with n...
Metals dip as S&P, Nasdaq hit records on Iran deal hopes - Kitco PM Report
Spot gold prices are lower and spot silver prices are modestly lower after the close Tuesday, as a firmer U.S. dollar and renewed Middle East uncertainty kept bullion under pressure while U.S. equitie...
Gold (XAU/USD) Price Forecast: Compression Signals Breakout Setup Ahead
Gold continues to trade in a tight consolidation beneath key resistance, with a symmetrical triangle and falling wedge pattern signaling mounting compression and a potential volatility-driven breakout...
Royal Mint sees record gold, silver bullion sales between January and March
Although gold and silver are stuck in neutral as rising inflation fears cool investor interest, the current price action doesn't take away from the unprecedented demand for bullion, as the British Roy...
Steve Grasso: Fed opening doors to rate cuts will bring gold higher but may take time
Steve Grasso, Grasso Global CEO, joins 'Power Lunch' to discuss Grasso's thoughts on gold prices, the narrative around the metal and much more.
Gold and silver prices under pressure from rising inflation and rate expectations, new Indian import tariffs – Heraeus
Precious metals are continuing to be impacted by rising inflation and shifting rate expectations, while both gold and silver demand are being reshaped by India's new import tariff regime, according to...
Gold prices testing support at $4,500 as U.S. consumer confidence falls slight to 93.1
The gold market continues to hold support above $4,500 an ounce but is struggling to attract new bullish momentum, even as U.S. consumer confidence continues to fall amid rising inflation pressures an...
Gold and silver prices fall as Iran strikes revive oil risk - Kitco AM Report
Spot gold prices are down and spot silver prices are sharply lower in early U.S. trading Tuesday, as a firmer U.S. dollar and renewed oil volatility offset support from lower Treasury yields.
Gold (XAUUSD) & Silver Price Forecast: Truce Stability vs Channel Pressure — Next Move for XAU & XAG?
With the stable Middle East truce reducing geopolitical risk premium, gold and silver reacted to technical levels. Gold tested $4,523 channel floor with bearish continuation while silver held near $76...
Russia's sovereign gold reserves plunge 5.7 tonnes in April to 24-year low amid mounting deficits
The gold reserves of Russia's central bank declined for the fourth consecutive month in April, recording the sharpest drop in a quarter century.As of May 1, the Central Bank of Russia (CBR) held 73.9 ...
Gold's forced sovereign liquidations could pave the way for the metal's next great bull run – SPI's Stephen Innes
The recent gold selloff increasingly resembles forced sovereign liquidity management, while waning growth could force the return of dovish central bank policy, driving the next stage of the long-term ...
India's mining industry calls for new exploration and development, removal of red tape to address gold and silver import issues
The impacts of the recent changes to India's precious metals import policies continue to play out, with bullion banks, investors, ETFs and jewelers all working to navigate the new regime. Now, the cou...
Gold and silver rally as Hormuz deal hopes sink oil - Kitco AM Report
Spot gold prices are up and spot silver prices are sharply higher in early Monday trading, as a weaker U.S. dollar, lower Treasury-yield expectations and a sharp drop in crude oil prices supported pre...
Gold (XAUUSD) & Silver Price Forecast: Ceasefire Holds – Gold Defends $4,561, Silver Breaks to $77.78?
As the US-Iran ceasefire remains intact beyond six weeks, gold and silver show mixed technical signals. Gold finds support at $4,561 with mild positive divergence while silver breaks higher targeting ...
Gold and Silver Price Forecast: Weak Dollar and Oil Drop Fuel Rebound
Gold (XAU) and silver (XAG) prices rose on Monday due to weakness in the U.S. dollar and U.S. Treasury yields. This weakness stems from the drop in oil prices due to easing tensions in the Strait of H...
Wall Street stays bearish as gold clings to $4,500, Main Street maintains bullish bias as Fed rate hike concerns mount
The latest Kitco News Weekly Gold Survey showed Wall Street still firmly bearish on gold's near-term prospects, while Main Street maintained its stubborn bullish bias despite gold's losses.
Gold weakens as U.S.-Iran talks keep oil, rates in focus - Kitco PM Report
Spot gold prices were lower and spot silver prices were also under pressure in late afternoon trading on Friday, as firm Treasury yields, a stronger dollar tone and hawkish Fed inflation language offs...
Gold (XAU/USD) Price Forecast: Compression Signals Major Breakout Potential
Gold remains in a bullish long-term structure but continues a corrective phase as momentum fades, volatility contracts, and price compresses toward a potential breakout zone.
Gold, silver prices remain caught between rate hike fears and bond market stress
Gold and silver are managing to hold key near-term support levels ahead of the weekend, and while the precious metals remain stuck in relatively neutral territory, some analysts have said that the vol...
Gold Weekly Price Analysis – Gold Continues to See Choppiness
Gold has had a choppy week as we continue to see a lot of volatility in the interest rate markets. At this point in time, the markets will continue to react to the latest headlines.
Gold Price Analysis – Gold Continues to Range Trade Heading into the Weekend
The gold market fell back a bit on Friday, despite the fact that rates drifted a bit lower. At this point, the market is probably looking for a reason to move, but heading into the weekend makes it di...
Spot gold hits session low near $4,500/oz after final Consumer Sentiment drops to 44.8, one-year and long-term inflation expectations rise
The gold market is trading at session lows after the latest data showed consumer sentiment in the U.S. declining, with both shorter and longer-term inflation expectations rising above last month's one...
Gold, silver ease as dollar firms, U.S.-Iran talks drag on - Kitco AM Report
Spot gold and silver prices are weaker in early U.S. trading Friday, as a firmer U.S. dollar and elevated oil prices offset safe-haven demand tied to the Strait of Hormuz and U.S.-Iran talks.
Gold (XAUUSD) & Silver Price Forecast: Gold Breaks $4,520 Channel as Silver Rejects $76 — More Downside Ahead?
Gold and silver moved sideways to lower as investors balanced sticky CPI data against the holding US-Iran truce. Gold confirmed channel breakdown to $4,521 while silver slipped to $75.86.
Gold steadies, silver rises as as Hormuz risk premium fades - Kitco PM Report
Spot gold prices are near steady and spot silver prices are higher after the close Thursday, as lower crude oil prices and easing Treasury yields offset a firmer U.S. dollar.
Gold's ‘golden decade' enters next phase with new $8,900 target - In Gold We Trust Report
Through its unprecedented rally at the start of the year, followed by extreme volatility and now its current consolidation period, gold is doing exactly what it's supposed to do as the precious metal ...
India's new gold and silver import duties trigger cascade of impacts across metals and currency markets
While short-term headwinds from the Iran war continue to cap precious metals prices, most analysts see the same supportive backdrop for gold and silver that drove them to record highs in early 2026. B...
Gold prices anchored at $4,500 as S&P Global says U.S. economic activity continues to slow
Gold prices remain contained near $4,500 an ounce but could attract some bullish attention as momentum in the U.S. manufacturing and services sectors remains subdued.
Spot gold at $4,513/oz after U.S. weekly jobless claims drop to 209k
Gold prices were climbing off their recent lows on Thursday morning following the release of in-line labor market data after the number of Americans filing new claims for unemployment benefits were in...