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NUGT News and Press, Direxion Daily Gold Miners Index Bull 3X Shares From 03/07/22

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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 prices rally to best finish in 17 months after briefly crossing $2,000

Gold futures closed Monday to finish at their highest price since mid-August 2020, lifted by safe-haven trade in reaction to the myriad of uncertainties caused by the Russia-Ukraine war, with April Comex gold (XAUUSD:CUR) settling +1.5% at $1,995.90/oz, the highest finish for a most-active co...

NUGT - Gold hits best finish in 13 months as Russia's war sparks safe haven strength

Gold futures spiked to their highest settlement in more than a year, as Russia's assault on Ukraine's largest cities drives demand for safe-haven gold and as the 10-year Treasury yield tumbles 15 bps to ~1.68%. April Comex gold (XAUUSD:CUR) closed +2.3% at $1,943.80/oz, the best settlement fo...

NUGT - Palladium price spikes as Russia sanctions mount; gold gains on safe-haven trade

Palladium pops as much as 8% as supplies from top producer Russia face increased risk of disruption as the Russia-Ukraine conflict escalates, while gold jumps en route to its best month since last May on strong safe-haven demand. Nymex June palladium (XPDUSD:CUR) +5.1% to $2,486/oz, after tou...

NUGT - Gold surges to highest in more than a year as Russia attacks Ukraine

Gold futures surge to their highest levels since early 2021 and on track for their biggest daily rally in about two years, as Russia launches a full-scale invasion of Ukraine. April Comex gold (XAUUSD:CUR) +2.8% at $1,964.60/oz., the highest for a most-active contract settlement since January...

NUGT - Gold miners resume upward climb on new Ukraine tensions

Newmont (NEM +4.7%) tops the S&P sector leaderboard as April Comex gold (XAUUSD:CUR) closed +1.6% at $1,902/oz., the highest for a most-active contract since last June, following news reports of mortar fire in eastern Ukraine. Among other major gold producers: GOLD +4.8%, AU +4.4%, IAG +4...

NUGT - Gold futures, miners broadly higher on rising Russia-Ukraine tensions

Gold miners (GDX +1.4%) are among the stock market's limited winning groups, with gold futures gaining as rising fears of a Russian invasion of Ukraine prompt demand for safe-haven assets. Secretary of State Anthony Blinken said the U.S. is closing its embassy in the Ukrainian capital of Kyiv...

NUGT - Gold sinks to seven-week low as omicron fears subside

Gold prices slipped to their lowest settlement since mid-October, as the initial safe haven demand for the metal caused by worries over the new COVID-19 omicron variant proves short-lived. Most traders and investors believe that the omicron variant "won't cause catastrophic damage t...

NUGT - Gold retakes $1,800 for strongest settlement since early September

Gold prices reclaimed the $1,800/oz. level, shrugging off stronger than expected monthly jobs data, to post its highest settlement in two months. December Comex gold (XAUUSD:CUR) closed +1.3% at $1,816.80/oz., the highest most-active contract finish since September 3, capping a 1.8% gain for ...

NUGT - Gold rebounds as dollar slips but set for monthly, quarterly decline

Gold jumps more than 2% as the dollar fell following disappointing U.S. jobs data, but are on track for a decline in the month and quarter driven by expectations the Federal Reserve will start winding down its economic support. Rebounding from yesterday's losses, December gold (XAUUSD:CUR) +2...

NUGT - Gold slips to seven-week low as Treasury yields climb

Gold futures sank to their lowest settlement in seven weeks, succumbing to a rise in the 10-year Treasury note yield to above 1.5% and a stronger U.S. dollar. December Comex gold (XAUUSD:CUR) closed -0.8% at $1,737.50/oz., with the most-active contract at the lowest settlement since August 10...

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