DUST News and Press, Direxion Daily Gold Miners Index Bear 3X Shares From 12/17/20

After 4 1/2 months correcting, gold's setting the stage for its next rally. In 2020, gold set new all-time highs in currencies around the world. The recent minor rise in rates is unlikely to last, as the Fed initiates yield curve control. Gold is bottoming, making this a great...

This gold bull’s latest correction looks to be mature sentimentally and technically. This selloff’s total size and duration at gold’s late-November lows was right in line with its prior correction averages. Gold also fell back under its 200-day moving average, the...

We've seen a resurgence in M&A activity in Q4 for the gold sector, with five deals completed in the past two months alone. However, the average price paid per ounce has continued to dip despite near-record gold prices, with the 4-period moving average for explorers globally fallin...

Gold prices (XAUUSD:CUR) jump more than 2%, bouncing from a five-month low in the last session, and silver (XAGUSD:CUR) surged more than 6%, helped by a sharp decline in the U.S. dollar.February Comex gold closed +2.1% to $1,818.90/oz. in the largest single-session dollar and percentage gain ...

As vaccines are developed and become available, it is bullish for gold because as the economy comes back, everyone will want to travel, renovate their home, travel and spend, spend,. We see a combination of pent-up demand and a broken supply chain, leading to inflation. Reinforcin...

Gold prices plunge on news that Pfizer's vaccine was 90% effective in preventing COVID-19 based on initial trial data, as investors pile into risky asset classes and cyclical stocks that are highly correlated with the global economy.December Comex gold -4% to $1,872/oz., erasing gains to a ne...

Gold jumps to a two-week high with the dollar falling as Joe Biden nearly wraps up the U.S. presidency, with gold futures +1.3% and cracking $1,921/oz. - a level that has provided both support and resistance after the metal set a new high of $2,075/oz. in August.Gold spot price (XAUUSD:CUR) r...

Gold stocks are just entering their seasonally-strongest period of the year. Their big winter rally is fueled by gold’s own, which is driven by outsized demand from holiday jewelry buying. Later new-year investment buying kicks in. So both the metal and its miners’ stock...

Mining names open higher after metals prices are helped by a weaker dollar due to speculation that D.C. lawmakers will make progress on talks for stimulus legislation to be financed by trillion-dollar borrowing.Most metals are moving higher, with December copper (HG1:COM) +1.1% to $3.18/lb., ...

Increasing inflation has implications for businesses and workers, but this article will focus on investors. The classic inflation hedges are gold, other commodities, real estate and, some argued, stocks. There are possibilities in all these categories, though investors should not ...