NYSEARCA:UGL

Proshares Ultra Gold Etf ETF News

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$54.32
-1.11 (-2.00%)
At Close: Jun 03, 2026
The gold markets continue to see a lot of support overall, as we head into the FOMC meeting, and maybe more importantly, the press conference late on Wednesday.
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
Considering the strong U.S. dollar, upcoming CPI report, and Fed's expected stance on interest rates, the short-term outlook for gold is bearish.
Gold (XAU) is trading at $2,300. Investors are closely watching the $2,310 pivot point for potential shifts in market direction.
Singapore is set to become a leading gold hub as trading shifts east, said the World Gold Council's Head of Asia-Pacific and Global Head of Central Banks, Shaokai Fan. The country's proximity to these
Given the strong U.S. labor market and China's halt in gold purchases, the outlook for XAU/USD remains bearish in the short term.

Nothing has changed for gold except the price

05:53pm, Friday, 07'th Jun 2024
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 retreats below $2,400. Bob Iaccino discusses the outlook for gold (/GC) and Bitcoin (/BTC).
Jordan Finneseth is a Crypto Market Reporter for Kitco Crypto. Coming from a background in Psychology and Human Behavior, he began to focus his attention on the cryptocurrency space in early 2017 afte
Gold's failed breakout led to a sharp selloff, breaking key supports and testing the 2,298-2,301 zone.
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
Just one rate cut is expected by the markets in 2024, so the price of gold may pull back towards the $2200 level.
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.
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