NYSEARCA:UGL

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$54.32
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At Close: Jun 03, 2026

Gold Stock Outperforming the S&P 500

02:27pm, Thursday, 19'th Sep 2024
Amid broader-market tailwinds, December-dated gold futures were last seen 0.6% higher at $2,615.90, enjoying a lift following the U.S. Federal Reserve's 50 basis-point rate cut.
Gold traders stay bullish after the 50 bps rate cut from the Fed.
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
The Bitcoin market rallied again in the early hours of Thursday, as the markets continue to react to the Federal Reserve interest rate cut on Wednesday. At this point, we are approaching an important
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
The gold market rallied a bit in the early hours of Thursday, as the markets are trying to break higher again. After all, the market has to think about the interest rate situation, and whether or not
Dollar index recovers from a 15-month low, driven by stronger jobless claims and rising yields post-Fed decision. What's next for the greenback?
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
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.
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
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.
Bullion strengthens after the Fed's surprise rate cut. Weakening U.S. dollar and looming rate reductions could drive gold prices toward $2,700.
Gold prices surged to $2,569 after the Fed's unexpected 50bps rate cut, boosting safe-haven demand as the U.S. dollar weakens.
Michael McCrae is leading Kitco's coverage of the mining sector. McCrae, who has both an MBA and CMA, knows how to build digital media properties.
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