ProShares Ultra Gold (UGL)
| Assets | $894.76M |
| Expense Ratio | 0.95% |
| PE Ratio | n/a |
| Shares Out | 17.00M |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Ex-Dividend Date | n/a |
| Payout Frequency | n/a |
| Payout Ratio | n/a |
| Volume | 3,383,070 |
| Open | 54.49 |
| Previous Close | 53.71 |
| Day's Range | 53.75 - 54.49 |
| 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 124.66% in the past year, including dividends. Since the fund's inception, the average annual return has been 13.70%.
News
The Growing Prospect of a December Rate Cut Sinks the Dollar Against Peers
The US dollar slipped to its steepest weekly drop in four months to close out November as the prospect of December Federal Reserve rate cuts edged closer towards inevitability in the minds of investor...
Gold firmer, silver soars to another all-time 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...
Fed rate cut odds boost gold prices, investor demand for silver adds to physical squeeze and ATH – Heraeus
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.
Spot gold trades near $4,233/oz after ISM Manufacturing PMI falls to 48.2
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 Outlook – Gold Continues to Rise on Monday
Gold continues its upward climb, though the move is becoming stretched and difficult to chase. Key levels such as $4,200 and $4,400 are in focus, with market sentiment driven more by safety flows and ...
Gold market analysis for December 1 - 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 hits 6-week high, silver record high as bulls are snorting
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 Cut Odds Hit 87% as Metals Hold Key Support
Gold and silver dip as traders await key US data. With Fed cut odds at 87%, the metals hold support while markets brace for ISM PMI and shifting risk sentiment.
Three Reasons I Own More Gold Than Bitcoin
Gold remains my preferred alternative asset over Bitcoin due to its central bank backing, defensive nature, and time-tested track record. BTC is increasingly driven by retail investors and exhibits hi...
Gold Price Forecast – Fed Pivot and Weak Data Set Stage for a Rally Toward $6,000 in 2026
Gold is advancing toward $4,400 as weak U.S. data, falling yields, silver strength, and rising structural demand align with a dovish Fed to support a broader bull market into 2026.
Gold (XAUUSD) Price Forecast: Will the Fed Trigger a New Gold Breakout Next Week?
Gold prices surge as a weaker dollar, rising Fed cut bets, and geopolitical risks drive XAUUSD toward record highs, setting up a bullish outlook into December.
Gold (XAUUSD) Price Forecast: Fed Cut Bets Lift Gold Price as Bulls Drive the Gold Rally
Gold price jumps as Fed cut odds surge, dollar softness fuels the gold rally, and traders look to PCE for the next key signal in the gold market outlook.
UGL: Amplify Exposure To The Dollar Debasement Trade
ProShares Ultra Gold ETF (UGL) offers 2x daily exposure to gold, appealing to traders seeking amplified returns amid heightened gold volatility in 2025. UGL's structure uses futures and swaps, creatin...
UGL: A $4,200 Gold Breakout Play
ProShares Ultra Gold ETF is initiated with a 'buy' rating, targeting traders seeking leveraged exposure to gold's ongoing breakout. UGL offers 2x daily gold returns, outperforming miners and spot ETFs...
Wall Street bulls return as gold charges through $4,200, Main Street adds to bullish momentum after 3.5% weekly gain
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: Strongest Daily Close Since October High Shows Bulls in Charge
Gold blasted out of a multi-week bull pennant Friday with a strong close at $4,223 – the highest daily settlement since the October 20 record high. The breakout captured two upper channel lines and se...
Political, fiscal and financial risks will boost gold demand even higher in H1 2026 – UBS
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.
A precious metals power surge: Silver's record run reawakens gold bulls
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 rallies on rate cut bets, bitcoin above $91K, and small caps roar back
Marketgauge.com chief strategist Michele Schneider joins Yahoo Finance Markets and Data Editor Jared Blikre and Morning Brief host Julie Hyman to explain why she's keeping a close eye on small-cap sto...
Gold Price Outlook – Gold Continues to See Buyers
Gold strengthened again on Friday despite light post-Thanksgiving trading and a temporary CME outage. Price action remains constructive above $4,000, with breakouts toward $4,250 and potentially $4,40...
CME outage overnight hasn't stopped gold and silver's momentum
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...
Silver futures hit record high, gold gains, too
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 technical buying featured
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 November 28 - 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: Geopolitical Tensions Boost Safe-Haven Demand
Gold and silver strengthen as Fed rate-cut expectations rise and geopolitical tensions fuel safe-haven demand, keeping both metals firmly supported in the short term.
Gold (XAUUSD) and Silver Analysis: Weak Retail Sales and Dovish Fed Fuel Bullish Momentum
Gold and silver gain momentum as weak retail sales, soft consumer sentiment, dovish Fed signals, and bullish technical patterns support further upside.
Gold (XAU/USD) Price Forecast: Weekly Bullish Higher Low – 20-Day Support Key
Gold consolidated Thursday inside Wednesday's range with a narrow day that pushed to $4,169, marking the third touch of a downtrend line at the top of a developing symmetrical triangle.
Falling rates, USD and crypto will propel gold's next leg higher – Wells Fargo's Samana
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 finds a floor amid Fed uncertainty, but breakout will only come in 2026 - BCA's Ibrahim
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...
S&P Calls Tether 'Weak' — Meanwhile It's Buying More Gold Than Central Banks
Tether (CRYPTO: USDT) just got slapped with the lowest possible stability score from S&P Global — and in the same breath, it's quietly buying more gold than sovereign nations. Only in crypto does the ...
Gold will hit $4,500/oz by mid-2026 on ETF, central bank demand and real-asset hedging – Morgan Stanley
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.
Schlumberger: Oil Is Cheap Vs. Gold, Top Services Firm Ready To Rumble
Schlumberger stands out as an attractive buy amid a historically extreme gold-to-oil ratio, signaling undervaluation in oil-related equities. SLB offers a compelling valuation setup on its own, with t...
Gold (XAUUSD) Price Forecast: Gold Market Holds Firm as Fed Easing Sparks Bullish Outlook
Gold price gains hold as Fed rate-cut bets rise, weak U.S. data softens the dollar, and strong central bank demand keeps the gold market outlook bullish.
Gold (XAUUSD) & Silver Price Forecast: Dovish Fed Signals Hit Dollar, Metals Eye Breakout
Gold price forecast turns cautious as dovish Fed signals push the dollar lower. Silver tracks sentiment, holding bullish momentum while traders await a breakout.
Gold (XAU/USD) Price Forecast: Bull Pennant Coils – Triple Trendline Resistance Caps
Gold posted a higher daily high and low Wednesday at $4,173, confirming Tuesday's 10-day average support while running into resistance from two top channel lines and a short-term downtrend line near t...
Gold price could blow past $4,900/oz in 2026 if investors buy into diversification – Goldman Sachs' Struyven
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.