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NUGT News and Press, Direxion Daily Gold Miners Index Bull 3X Shares From 07/30/21

Stock Information

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

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NUGT - NUGT, YINN, YANG, and CWEB among weekly ETF movers

Gainers: Microsectors Gold Miners 3X ETN (NYSEARCA:GDXU) +16.6%. FTSE China Bear 3X Direxion (NYSEARCA:YANG) +12.1%. Alpha Architect ETF Trust Viridi Cleaner Energy (NYSEARCA:RIGZ) +11.8%. DJ Internet Bear 3X Direxion (NYSEARCA:WEBS) +11.6%. Gold Miners Bull 2X Direxion (NYSEAR...

NUGT - Gold Demand Trends Q2 2021

Gold demand (excluding OTC) for Q2 was virtually in line with Q2 2020 at 955.1t (-1%). Jewellery demand saw a second consecutive quarter of strong y-o-y growth, bolstered by global economic recovery and improving sentiment after the extreme difficulties of 2020. Q2 investment of 2...

NUGT - Gold, silver miners indicated higher as metal prices rise

Shares of precious metal miners are moving higher in the pre-market after some earnings reports and prices for gold and silver rise alongside a weaker U.S. dollar. August Comex gold (XAUUSD:CUR) +1.3% to $1,823.30/oz.; September silver (XAGUSD:CUR) +2.8% to $25.57/oz. ETFs: GLD, GDX, NUGT, IA...

NUGT - Gold swings above & below the $1,800/oz fulcrum point

Filograph/E+ via Getty Images Gold swings back and forth above and below the $1,800/oz level early on in Thursday’s trading session. The moves in the precious metal's price relates to the risk-on sentiment as futures are higher and the U.S. 10-Year Treasury yield levels rise and fall o...

NUGT - Gold climbs to best settlement in nearly a month as Powell plays

Gold maintains its methodical rise, reaching its highest settlement since mid-June alongside declines in the U.S. dollar and Treasury yields.August gold (XAUUSD:CUR) settled +0.8% to $1,825/oz., the highest for the most-active contract settlement since June 16, and held onto gains shortly aft...

NUGT - Fed's Inconclusive Vision Keeps Gold In Sight

Gold succumbed to dollar strength, falling 5.1% over the same three-day period, and trading below multiple technical support levels. Sector fundamentals could also be an important driving factor. More persistent and higher inflation would offset the effect of any rise in rates, ca...

NUGT - Gold: Inflation Has Peaked

The latest jobless numbers were higher than expected. Jobless claims rose to 373,000. Everyone appears to be worried about inflation. The media is saturated with talk of inflation. The bond markets anticipated a slowdown in relation to jobless claims. The real issue is not inf...

NUGT - Gold rises above $1,800/oz and hits a three week high

Gold jumps above the $1,800/oz level early on in Tuesday’s trading session, taking the precious metal to a recent three-week high. Traders are back from a long holiday weekend and start the day off as buyers after gold has been trading in a lower range and choppy market conditions.Whil...

NUGT - Gold ticks up, and the Dollar index slides in first reaction to Friday's jobs reports

As jobs data hits the market today, investors' first reaction is to buy gold and sell the U.S. dollar.The U.S. unemployment rate surprisingly rose from 5.8% to 5.9% as the consensus was a drop to 5.7%. Also, nonfarm payrolls data showed that the United States added 850K jobs in June compared ...

NUGT - Gold tumbles to lowest since mid-April on dollar strength, hawkish Fed

Gold futures (XAUUSD:CUR) settled -1% to $1,763.60/oz. after declining as much as 1.7% to $1,749.50, the lowest since April 15, hurt by a stronger dollar in the run-up to this week's U.S. jobs report, which is widely expected to come in strong and could support the Federal Reserve's recent ha...

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