NYSEARCA:UGL

Proshares Ultra Gold Etf ETF News

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$54.32
-1.11 (-2.00%)
At Close: Jun 03, 2026
Gold remains under pressure as rising oil-driven inflation and higher interest rate expectations reduce safe-haven demand, while key technical levels will determine the next move.

Gold Falls Amid Rising Inflation Fears

07:51pm, Sunday, 29'th Mar 2026
Gold fell in early trade amid rising inflation fears driven by higher oil prices stemming from the Middle East conflict.

How Too Many Drivers Spoil UGL

07:30pm, Friday, 27'th Mar 2026
ProShares Ultra Gold ETF is a leveraged, short-term trading instrument, not suitable for long-term gold exposure due to path dependency and structural drag. UGL's recent outperformance (+77.73% 1Y, +2
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
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 faces persistent resistance and growing bearish signals across multiple timeframes, increasing the risk of further downward pressure as sellers target key Fibonacci and moving average support lev
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
WSJ's Aaron Back explains why investors may still want to hold gold, despite its price declining since the Iran war began.
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.
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.
Oil prices have surged and stocks have fallen in the month since the Iran conflict began, while gold has unexpectedly declined as rate expectations shift.
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
Most of the motivations for gold that have driven the price up so forcefully in the past year are still applicable, according to strategist Tom Bruce.
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