DUST News and Press, Direxion Daily Gold Miners Index Bear 3X Shares From 10/12/19

Gold investment demand was strong in the months following gold's decisive breakout to new bull-market highs in late June. The metal's upside momentum fueled big capital inflows, accelerating its gains. But soon after gold's upleg stalled, so did the investment buying. With stock markets still ...

After the early September high, the gold market stopped dead in its tracks. Over the recent weeks, the yellow metal has been hugging the $1500 per ounce level, which is still over $100 above the critical technical support at $1377.50 per ounce. Gold rose to its highest price since 2013 as a ...

Gold is a commodity and a currency. The yellow metal has a myriad of industrial applications. At the same time, it has a long history as money. Central banks around the world hold gold as part of their foreign currency reserves. At the turn of this century, central banks were net sellers of ...

The silver futures market moves higher or lower on sentiment. Silver has a long history as one of the most speculative markets. Its price variance tends to be higher than the other precious metals that trade on the world's futures exchanges. In 1980, the price of silver rose to its all-time ...

Gold futures jump $16/oz. ( GLD +0.4% ), +1.1% to settle at $1,489/oz. after earlier falling to near two-month lows, as a surprise drop in the U.S. ISM manufacturing index to its lowest level since 2009 fueled safe-haven demand. More news on: SPDR Gold Trust ETF, Sibanye Gold Limite...

Gold futures ( GLD -1.5% ) settle below the $1,500/oz. level for their lowest finish in two months , as strength in the U.S. dollar and some lift in U.S. stocks and yields pulled demand away from safe-haven plays. More news on: SPDR Gold Trust ETF, Alexco Resource Corp., Silvercorp Meta...

This article follows up on the introductory article and discusses an evidence-based investing approach to precious metals. The precious metals complex and especially gold is fascinating many investors. Not surprisingly, some bold claims and myths spread around the asset class. There is a wid...

Gold has been one of the best-performing assets of 2019, but it had to wait until almost halfway through the year to climb above its critical technical resistance level. In July 2016, in the aftermath of the shock of the Brexit referendum, the price of gold rallied to a high at $1377.50. The...

The gold miners' stocks have largely ground sideways in the last couple months, consolidating their big mid-summer gains. That drift is slowly bleeding away greedy sentiment, but this sector remains really overbought. Gold stocks' dominant driver, gold, is even more overbought, and still facin...

Gold futures (NYSEARCA: GLD ) suffered their worst loss in nearly three weeks , with December Comex gold settling -1.8% to $1,512.30/oz., weighed by strength in the dollar and U.S. stock market, as investors largely dismiss the start of the House's impeachment inquiry. More news on: SPD...