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home / news releases / UGL - The Pros And Cons Of Gold


UGL - The Pros And Cons Of Gold

Chris explains the pros and cons of holding some gold as part of a multi-asset portfolio.

The recent uptick in geopolitical tensions and concerns over a potential growth slowdown has pushed an ancient metal back into the spotlight: gold.

Global investors have increased their positions in gold exchange-traded funds (ETFs) by $4.3 billion from May 14th, one day after the S&P 500 Index's 2.4% trade tension-driven drop, through June 20th. This pushed the year-to-date total of ETF flows into gold-focused products back into positive territory.1 The Bloomberg Gold Index rallied more than 8% over

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Stock Information

Company Name: ProShares Ultra Gold
Stock Symbol: UGL
Market: NYSE

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