NYSEARCA:UGL

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$51.18
-4.03 (-7.30%)
At Close: Jun 05, 2026
XAU/USD consolidates above the 50-day MA, as softer U.S. data boosts rate cut odds. Gold price future hinges on inflation and Fed signals.
North Bay Resources Inc. (OTC:NBRI) said it has completed initial test mining at its Fran Gold Project in BC, extracting high-grade ore from a massive sulphide zone that returned assay results of up t
UBS has reaffirmed its positive stance on gold, rating the metal as “attractive” even as prices sit near all-time highs. The precious metal has outperformed all other asset classes in 2025, rising
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
Shares in Fresnillo PLC (LSE:FRES) jumped 8% on Tuesday after the precious metals group lifted its gold production forecast for the year, following a strong first half marked by improved profitabilit
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.
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
U.S. growth, tariff-related inflation worries and a weaker dollar will drive gold to a new record, possibly within three months, says Citi.
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.
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 prices dip as traders lock in profits after Friday's rally; Fed cut bets and key support levels keep the gold market outlook cautiously bullish.
The last week of July in the financial markets was packed with both economic and political drivers: US GDP, the FED's decision, NFP publication, and tariffs.
Rising US unemployment and hot inflation trigger stagflation fears, pressuring DAX stocks while futures gain on Fed rate cut bets.
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