NYSEARCA:UGL

Proshares Ultra Gold Etf ETF News

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$46.14
-1.77 (-3.69%)
At Close: Jun 23, 2026
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
Given the current economic indicators and the likelihood of forthcoming interest rate cuts, the short-term outlook for gold remains bullish.
Gold (XAU/USD) surged to $2,342, gaining 0.60%, driven by geopolitical tensions and economic uncertainties, sparking expectations of further price increases.
With gold trading in a narrow range, a breakout above 2,335 or below 2,296 could signal the next significant move.
Infinity Stone Ventures Corp (CSE:GEMS, OTC:GEMSF) announced it has expanded its land holdings with the staking of the Goldstone property in Saskatchewan. The company said it has a 100% interest in th
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
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.
Gold's lightning rally to successive record highs shows every sign of continuing in the second half of 2024 as the fundamental case for bullion remains firmly in place, though $3,000 per ounce looks j
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
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
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
A bullish outlook for gold depends on the Fed signaling multiple rate cuts; fewer cuts could keep downward pressure on prices.
With a tame May CPI, the Fed may ease monetary policy, potentially boosting stocks, while monitoring core inflation trends closely.
Gold rose to $2,310, driven by expectations from the Federal Reserve meeting and the upcoming U.S. inflation data release.
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