ProShares Ultra Gold (UGL)
|Day's Range||56.86 - 58.45|
|Inception Date||Dec 1, 2008|
The investment seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the Bloomberg Gold SubindexSM. The fund seeks to meet its investment objective by investing, under normal market conditions, in any one of, or combinations of, Financial Instruments (including swap agreements, futures contracts, forward contracts and option contracts) based on the benchmark. The types and mix of Financial Instruments in which the fund invest may vary daily at the discretion of the Sponsor. It will not invest directly in any commodity.
(Kitco News) - Gold investors should prepare for increased market volatility in the near term as sentiment is extremely mixed among Wall Street analysts, according to the latest Kitco News Weekly Gold s...
(Kitco News) - Gold prices are solidly higher in early U.S. trading Friday, on safe-haven demand and short covering by the futures traders, amid a potentially ominous development on the pandemic front.
(Kitco News) - Gold prices continue to languish below $1,800 an ounce as investors interpret the re-nomination of Jerome Powell to remain the head of the Federal Reserve as a hawkish development for mon...
(Kitco News) - Commerzbank commodities analyst Daniel Briesemann has written an article pointing out that the yellow metal still remains under pressure. He noted, "Gold once again found itself under pre...
(Kitco News) - Despite some volatility Wednesday, the gold market is back in neutral territory, and according to some analysts, the precious metal remains supported by the minutes from the Federal Reser...
(Kitco News) - Gold and silver prices are trading not far from unchanged in afternoon U.S. trading Wednesday, after huge day for U.S. economic data that produced not much markets reaction.
(Kitco News) - The gold market can't catch a bid even as fewer consumers bought new homes last month. According to some economists the latest sales data highlights slower momentum in the housing sector,...
(Kitco News) - Gold is seeing some mild selling pressure after the U.S. annual core Personal Consumption Expenditures price index came in line with expectations in October, rising 4.1%.
(Kitco News) - The U.S. labor market hit another milestone last week as less than 200,000 American's applied for first-time unemployment benefits. Gold prices are holding firm in the face of the latest ...
(Kitco News) - The gold market is struggling to find some footing as prices slide further below $1,800 an ounce again and analysts are expecting to see some further pain in the near term.
(Kitco News) - The gold market's latest price drop could be a buying opportunity as the Federal Reserve is still expected to be in no hurry to raise interest rates despite who is sitting at the head of ...
(Kitco News) - A steady-as-it-goes approach to monetary policy is creating new selling pressure for gold as President Joe Biden plans to keep Jerome Powell as head of the Federal Reserve.
(Kitco News) - Gold has retraced somewhat in the European session and is now -0.66% lower on the day. The price of the precious metal has been climbing recently but all the talk of a faster taper from F...
'Gold has actually been pretty resilient,' Boockvar says
Peter Boockvar from Bleakley Advisory Group and Credit Suisse Chief U.S. Equity Strategist Jonathan Golub join 'Closing Bell' to discuss gold as an option for investors right now.
(Kitco News) - According to analysts, with all eyes on the U.S. President Joe Biden's Federal Reserve Chair pick, gold is waiting for its next catalyst to take it to $1,900 an ounce, with markets eyeing...
(Kitco News) - In 2021, world gold supply is forecast to increase by 2.7% to 4,840 tonnes, driven by higher gold mine production in Australia, the US and Canada, but this supply growth will slow to an a...