NUGT News and Press, Direxion Daily Gold Miners Index Bull 3X Shares From 01/28/24

2024-01-28 03:30:24 ET Summary Gold prices are influenced by the path of real interest rates and the value of the US dollar, both of which have pressured the precious metal lately. Upcoming expected interest rate cuts by the US Federal Reserve and the European Central Bank may ben...

2024-01-26 05:59:01 ET Gold prices held steady on Friday as the U.S. dollar and the benchmark 10-year Treasury yield eased slightly, although bullion was on track for a second-straight weekly loss as traders weighed the timing of Federal Reserve's interest rate cuts. Investors also foc...

2024-01-25 06:05:56 ET "A significant drop in the U.S. oil inventories and expectations of China's economic recovery and more stimulus measures supported oil prices," Toshitaka Tazawa, an analyst at Fujitomi Securities told Reuters. Read the full article on Seeking Alpha For fur...

2024-01-24 06:04:49 ET "Without current geopolitical tensions, we believe crude would sell off meaningfully. Over time, we expect supply risk premiums to decouple from conflict risk, analogous to Russia-Ukraine," Reuters reported, quoting Vikas Dwivedi, global energy strategist at Macquarie...

2024-01-23 06:03:26 ET More on commodities The Gold Short: No More False Dawns WEAT: Poor Performance In 2023 And The Prospects For 2024 Interesting Development In Natural Gas Land Crude oil closes at YTD highs as U.S. equity rally boosts energy demand view ...

2024-01-23 00:24:44 ET Summary Shorting gold has been intermittently successful, but the long gold crowd remains stubborn. Inflation-adjusted US T-bond yields are an inverse forward indicator of gold prices. The market is pricing in multiple rate cuts, but the expectations may...

2024-01-20 23:28:00 ET Stock Traders Daily has produced this trading report using a proprietary method.  This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...

2024-01-19 05:58:28 ET Gold prices ( XAUUSD:CUR ) ticked higher for a second-consecutive session on Friday, as the U.S. dollar index ( DXY ) eased, although the metal was headed for a weekly fall after recent jobs data suggested there’s less need for the Fe...

2024-01-18 05:58:51 ET Recent Commodity Price Movements Energy WTI Crude Oil ( CL1:COM ) +0.81% to $73.15. Natural Gas ( NG1:COM ) +2.35% to $2.94. Metals Palladium ( XPDUSD:CUR ) +1.94% to $933.15. Silver ...

2024-01-17 06:04:27 ET Spot gold prices ( XAUUSD:CUR ) inched lower for a second-consecutive session on Wednesday, as investors dialed back expectations for a March rate cut from the U.S. Federal Reserve, and awaited comments from more Fed members this week. "Gold appears to ha...