ProShares Ultra Gold (UGL)
| Assets | $912.75M |
| Expense Ratio | 0.95% |
| PE Ratio | n/a |
| Shares Out | 17.20M |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Ex-Dividend Date | n/a |
| Payout Frequency | n/a |
| Payout Ratio | n/a |
| Volume | 6,159,108 |
| Open | 56.89 |
| Previous Close | 55.08 |
| Day's Range | 54.63 - 57.20 |
| 52-Week Low | 22.63 |
| 52-Week High | 58.75 |
| Beta | 0.28 |
| 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.
Performance
UGL had a total return of 119.73% in the past year, including dividends. Since the fund's inception, the average annual return has been 13.86%.
News
Gold (XAUUSD) Price Forecast: Gold Breakout Stalls as Traders Lock Gains Near Resistance
Spot gold tests seven-week highs as a gold rally pauses near resistance. Fed rate cuts and Treasury yields keep the gold price outlook bullish above support.
Gold and silver may be overbought in 2026, but still underowned
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include cover...
Gold may be volatile next week, but analysts recommend buying the dip
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include cover...
Wall Street bereft of gold bears after Fed cuts and T-bill purchases, Main Street leans more bullish as price holds near $4,300/oz
Ernest Hoffman is a Crypto and Market Reporter for Kitco News. He has over 15 years of experience as a writer, editor, broadcaster and producer for media, educational and cultural organizations.
Gold (XAU/USD) Price Forecast: Highest Weekly Close in History – Correction or Continuation?
Gold reached its first major upside target Friday at $4,353 following Thursday's breakout, only to meet immediate selling that has price trading in the lower half of the daily range and threatening fo...
Gold can hit $5,000, but don't expect to see another 65% gain in 2026
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include cover...
India's gold investment demand surges above $10 billion in Q3, pension funds can now invest up to 5% in gold and silver ETFs
Ernest Hoffman is a Crypto and Market Reporter for Kitco News. He has over 15 years of experience as a writer, editor, broadcaster and producer for media, educational and cultural organizations.
Gold Weekly Price Outlook – Gold Rallies Towards Highs This Past Week
Gold posts another strong week and appears poised for fresh all-time highs above $4,400. With silver leading and long-term macro pressures building, the trend favors buying dips while downside levels ...
Gold Price Outlook – Is Gold Looking to Break Out Again?
Gold remains firmly bullish, with momentum building toward a potential break above $4,400. Pullbacks are viewed as opportunities as central bank demand and silver's strength continue to reinforce the ...
Some trend-line based price targets for gold in 2026
Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter...
Gold market analysis for December 12 - key intra-day price entry levels for active traders
Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter...
Price gains for gold, silver as bulls keep their foot on the gas
Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter...
Gold (XAUUSD) & Silver Price Forecast: Metals Stay Supported as Markets Shift to Fed Commentary
Gold and silver ease as equities rebound, but dovish Fed policy and steady safe-haven demand keep metals supported. Traders now watch Powell's signals for the next move.
Gold (XAUUSD) and Silver Surge as Fed Cuts Rates and Labor Data Softens
Gold and silver surged after the Fed's rate cut, soft labor data, a weaker dollar, and geopolitical tensions boosted safe-haven demand, reinforcing bullish technical momentum.
Gold (XAU/USD) Price Forecast: Bull Continuation Triggers – Eyes $4,454 Projection
Gold powered to $4,286 Thursday, exceeding the prior swing high of $4,264 and reclaiming the top of two rising trend channels for the second time while trading in the top quarter of the daily range an...
Gold's bull market run will continue in 2026, prices to average $4,325/oz – ING
Ernest Hoffman is a Crypto and Market Reporter for Kitco News. He has over 15 years of experience as a writer, editor, broadcaster and producer for media, educational and cultural organizations.
Goldman Sachs sees ‘significant upside' to its 2026 gold price target of $4,900/oz
Ernest Hoffman is a Crypto and Market Reporter for Kitco News. He has over 15 years of experience as a writer, editor, broadcaster and producer for media, educational and cultural organizations.
Soaring silver pulling gold along for the ride
Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter...
How to Trade Gold Seasonality: A Profitable Strategy Based On 20 Years Of Historical Data
In this article, we'll explore seasonality in the financial markets. Seasonality refers to specific time windows throughout the year that are linked to recurring market behaviors, patterns that tend t...
Gold Price Outlook – Gold Remains Choppy After FOMC
Gold trades sideways as traders weigh the impact of Fed rate cuts and a $40 billion bond buyback program. Despite strong long-term momentum and central-bank demand, near-term hesitation suggests poten...
Rate Expectations May Bode Well For Gold Traders
Advisors and investors of all kinds are keeping a close eye on how the Fed's rate maneuvers shift the market, and that certainly includes gold bugs. It's well-known at this point that gold tends to p...
Gold prices remain anchored despite volatile U.S. labor market
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include cover...
Gold price up, silver powers to another record high
Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter...
Gold market analysis for December 11 - key intra-day price entry levels for active traders
Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter...
Gold (XAUUSD) & Silver Price Forecast: Fed Split Clouds Outlook as Metals Stall in Tight Range
Gold and silver ease as the dollar stabilizes and Fed policy signals turn mixed. Traders watch US data and geopolitical tensions for the next move in metals.
Gold (XAU/USD) Price Forecast: Bull Structure Holds – $4,356 Measured Move in Play
Gold inched to a three-day high of $4,239 Wednesday with a higher highs and low, reclaiming the 10-day average at $4,206 and finding support on the short-term uptrend line to signal buyers slowly reas...
Gold among the few commodity opportunities in 2026, price could reach $4,700/oz – Wells Fargo
Ernest Hoffman is a Crypto and Market Reporter for Kitco News. He has over 15 years of experience as a writer, editor, broadcaster and producer for media, educational and cultural organizations.
Gold price shows little initial reaction to as-expected Fed rate cut
Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter...
Gold jumps back to $4,200 as the Fed cuts rates but provides little forward guidance for 2026
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include cover...
Gold prices will only peak when market conditions change, which won't happen in 2026 - Bank of America's Widmer
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include cover...
Poland and Brazil central banks dominate the gold market in November
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include cover...
Gold Price Outlook – Gold Continues to Grind Sideways Ahead of FOMC
Gold continues to consolidate ahead of the FOMC decision, with traders focused on the forthcoming statement and press conference. Key levels remain in play, and dips are still favored as buying opport...
Silver (XAG) Forecast: Bullish Silver News Points to More Gains—If Powell Doesn't Cool It
Silver surges past $60 on tight supply and strong demand, but traders watch Powell's message closely as it could cool the silver rally and shape the near-term outlook.
Gold price weaker, silver hits record high, FOMC decision awaited
Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter...
Big global investors see gold in AI but don't buy the rush
Big investors attending Abu Dhabi Finance Week voiced concern over the high valuations attached to AI-related companies but said that investment in the infrastructure crucial to the sector's long-term...
Gold market analysis for December 10 - key intra-day price entry levels for active traders
Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter...
Gold (XAUUSD) Price Forecast: Can Bulls Hold $4192.36 or Will Sellers Force a Breakdown?
Gold price holds $4192.36 as traders await the Fed decision and Powell's guidance, with a potential gold breakout or slide depending on the 2026 rate outlook.
McEwen: High Gold Leverage With Exposure To A Phenomenal Copper Mine
McEwen Mining (MUX) offers exposure to struggling gold operations with turnaround potential and a high-upside stake in the world-class Los Azules copper project. Gold mines face soaring costs and oper...
Gold (XAU/USD) Price Forecast: Coils Above $4,164 – Fed Decision to Spark Breakout
Gold consolidated quietly Tuesday above the seven-day $4,164 support zone and the intersection of two major trendlines, holding the 10-day average at $4,199 and setting up for a volatility expansion d...