GDXU MICROSECTORS GOLD MINERS 3X LEVERAGED ETN
- 40.110
- -3.390-7.79%
6-K: Report of foreign private issuer (related to financial reporting)
Can I still buy money now? UBS conducted in-depth research on China's gold market
UBS pointed out that the Chinese market sentiment tends to buy when the price of gold recovers. As a result, future investors may be more likely to react flexibly to the price and be willing to buy at a decline of around $2,250 per ounce.
Gold Holds Near Record as Fed Rate-Cut Optimism Fuels Demand
Gold notched a fresh all-time high, as investor demand soared across the broader metals complex amid increasing optimism the US will cut rates this year.
Gold and silver join hands with platinum to “go wild”! Is the hot market that belongs to them unfinished?
The strategists said there is still room for further growth in gold, silver, and platinum! Precious metals prices rose sharply on Wednesday. The lower than expected CPI inflation data released by the US and the successive increase in the number of initial jobless claims brought back expectations of the Federal Reserve's interest rate cuts.
Gold Stabilizes After Strong Rally Following US Data
Gold price steadies after rallying after the release of US data that changed the outlook for interest rates, a key factor for Gold.
Best Inverse/Leveraged ETFs of Last Week
Most importantly, the Dow Jones just had its best week of 2024. On Friday, the Dow secured its eighth consecutive session of gains.
JNUG, AGQ and CONY Among Weekly ETF Movers
Gold Price Retreats Amid Strong US Dollar, Falling US Yields
Following the data release, the CME FedWatch Tool shows odds for a quarter of a percentage point cut in September increased from 55% before the report to 85%.
Gold Price Declines on Upbeat Market Mood
Gold price has fallen almost a percentage point lower on the back of improving risk sentiment.
Gold Soars Against The Odds: Eastern Buying Spree Or 1970s Redux? Billionaire Investor David Einhorn Thinks There's A 'Secular Trend'
Gold has been on a remarkable rise in 2024, reaching record highs. The surge is attributed to a combination of factors, including the de-dollarization trend, central bank buying, and increased demand
Gold Steadies as Brisk US Inflation Quells Rate-Cut Expectations
Gold steadied after a weekly drop as traders looked ahead to a US Federal Reserve meeting midweek at which policymakers are expected to reaffirm their stance for higher-for-longer interest rates.
Large fund managers are entering the market! Enthusiasm for gold investment is high! Why are fund managers all optimistic?
“Increasing precious metal holdings” has become the consensus of the largest fund managers. Citi's analysis of large fund managers found that 83% of fund managers now go long on precious metals. Meanwhile, gold was the only commodity fund allocators added to their portfolios last month.
Gold's two-day decline of about 3% helped it reach a record high?
Gold futures prices have fallen by a cumulative total of about 3% for two consecutive days, the biggest drop in more than a year.
Gold price diving! Gold futures fell more than $65 per ounce, the biggest drop in more than three years
Gold futures prices plummeted by $65.60 per ounce on Monday, or 2.73%, the biggest one-day decline since February 2021.
Has gold reached its peak? UBS: Any pullback is an opportunity to increase gold holdings
Although the market expects the price of gold to enter a consolidation period, UBS believes that any price correction is an opportunity for investors to increase their gold holdings, and the continued existence of geopolitical risks may provide support for the gold market in the long term.
Gold Surges Past $2,400 on Middle East Conflict Concerns
Gold surged past $2,400 an ounce as concerns over rising tensions between Israel and Iran stoked haven demand.
Citi: Gold “shines like a diamond”, up to $3,000
Citibank analysts expect that the “lower price limit” for gold will also rise from around $1,000 to $2,000 per ounce.
Middle East Tensions Rise: Where Are Funds Finding Shelter?
The already complex situation in the Middle East escalated once again last weekend, following Iran's retaliatory attack on Israel, prompting concerns of a wider regional conflict. With market disruptions intensifying, investors' risk aversion is on the rise, and the direction of capital seeking refuge has become a matter of universal concern.
Gold Price Benefits From Rising Geopolitical Risks, Lacks Follow-through Buying
Gold price regains positive traction in reaction to Iran’s attack on Israel over the weekend.
Expected to be $2,700 by the end of the year? Geopolitical risks continue to escalate, Goldman Sachs raised the price of gold
Goldman Sachs analysts said on Friday that as emerging market central banks continue to buy gold amid geopolitical risks, the price of gold will be higher than previously anticipated by the end of this year.