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NUGT News and Press, Direxion Daily Gold Miners Index Bull 3X Shares From 03/13/23

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Company Name: Direxion Daily Gold Miners Index Bull 3X Shares
Stock Symbol: NUGT
Market: NYSE

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NUGT - Gold miners on the move in safe-haven trade amid SVB collapse

2023-03-13 07:57:53 ET Gold miners are gaining in pre-market trading Monday, as investors turn to assets with safe-haven appeal while assessing the implications of the Silicon Valley Bank failure and a federal backstop . Among precious metals miners indicated higher: Newmont ( ...

NUGT - Miners rise with gold and silver prices on bank sector worries, jobs data

2023-03-10 12:45:56 ET Precious metals miners are rallying Friday, as gold and silver prices rise in a safe haven trade on concerns over the banking sector following the closure of tech lender Silicon Valley Bank and a drop in U.S. Treasury yields and the dollar following the late...

NUGT - Gold extends losses after Powell raises potential for more rate hikes

2023-03-07 11:37:51 ET Gold futures tumbled Tuesday after Federal Reserve Chair Jerome Powell said " inflationary pressures are running higher than expected " and left the door open to more interest rate hikes than previously planned. April Comex gold ( XAUUSD:CUR ) -1.7% ...

NUGT - Gold books best week since mid-January as dollar, Treasury yields pull back

Gold prices rallied Friday to post their first weekly increase in five, as a pullback in the U.S. dollar and Treasury yields eased some concerns about further Federal Reserve rate hikes. Front-month Comex gold ( XAUUSD:CUR ) for March delivery added +0.7% Friday to cap a 2.1% gai...

NUGT - This NUGT Is Not For Your Portfolio

Summary Central Banks around the world are buying the precious metal, which could be supportive for gold prices next year. Dollar weakness and stable interest rates would be supportive of gold. Gold prices are starting to trend higher, and NUGT would be a leveraged way to take advan...

NUGT - NUGT: Gold Encounters Awful Time To Buy

Summary The Fed’s commitment to fighting inflation is pushing rates higher. The US dollar is now at a two-decade high. While gold has seen lower highs and lower lows since March 2022. Yet every dip in gold has presented a buying opportunity. Mining shares tend t...

NUGT - Gold notches first weekly loss in five; silver suffers worst week since January

Gold futures fell for a fifth straight session on Friday to its lowest price in more than three weeks, halting the metal's month-long rally in the wake of a rising dollar and higher Treasury yields. The resurgence in the greenback weighed heavily this week on the yellow metal, w...

NUGT - Gold futures slip to two-week low on strong dollar, rising yields

Gold pared some losses after Wednesday's release of minutes from July's Federal Reserve meeting , after futures had settled at a two-week low on weak economic data out of China, a rebound in the U.S. dollar, and rising Treasury yields. Front-month Comex gold ( XAUUSD:CUR ...

NUGT - Gold rebounds to close higher after ECB hikes rates more than expected

Gold futures reversed from earlier losses to finish Thursday at their highest price in more than a week, after the European Central Bank raised interest rates by more than expected, which capped gains in the U.S. dollar. Front-month Comex gold ( XAUUSD:CUR ) for July deliver...

NUGT - Gold settles below $1,700 in lowest settlement since March 2021

Gold futures fell to their lowest in nearly 16 months on Wednesday, as the U.S. dollar edged higher following a brief pullback. Front-month Comex gold ( XAUUSD:CUR ) for July delivery settled -0.6% to $1699.50/oz, its lowest settlement value since March 30, 2021, and off...

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