NYSEARCA:UGL

Proshares Ultra Gold Etf ETF News

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$51.18
-4.03 (-7.30%)
At Close: Jun 05, 2026
Subscribers to  Chart of the Week  received this commentary on Sunday, October 12.
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 surges to new highs on Fed rate cut expectations and rising U.S.-China tensions. Traders eye $4200 and monitor Powell's upcoming remarks.
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 will not protect you from inflation

11:15am, Tuesday, 14'th Oct 2025
Gold's reputation as a hedge against inflation is constantly repeated until everyone just assumes it's true.
The European Commission's proposal to tap frozen Russian state assets for financial aid to Ukraine is rattling some central banks, which could further accelerate gold purchases for storage outside Wes

"Gold corrections have been sideways."

09:30am, Tuesday, 14'th Oct 2025
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As gold prices approach the unprecedented $4,200 mark, two mid-tier gold mining companies, Iamgold Corp. (NYSE:IAG) and SSR Mining Inc. (NASDAQ:SSRM), are not just riding the commodity rally; they are
G Mining Ventures Corp (TSX:GMIN, OTCQX:GMINF) announced that the Tocantinzinho Gold Mine in Brazil produced 46,360 ounces of gold during the third quarter of 2025, an increase of 9% over th
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
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 and silver extend gains as U.S. fiscal gridlock, trade tensions, and Fed rate cut expectations boost demand for safe-haven assets.
Spot gold edged lower. DWS said a major impetus for the gold rally had come from expectations of further U.S. rate cuts.
South Africa's central bank chief Lesetja Kganyago said that officially locking in a lower inflation goal could underpin another drop in bond yields. Read more: https://www.bloomberg.com/news/articles
Exports to ASEAN and EU soared, offsetting U.S. declines. China's resilient trade lifts growth hopes and sets the tone for key APEC trade talks.
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