NUGT News and Press, Direxion Daily Gold Miners Index Bull 3X Shares From 05/02/22

Gold prices tumbled more than 2% to nearly a three-month low on Monday as the benchmark 10-year U.S. Treasury yield hit 3% for the first time since December 2018 ahead of this week's meeting of Federal Reserve policy makers. June Comex gold (XAUUSD:CUR) closed -2.5% at $1,863.60/oz, extending...

Gold futures finished higher Friday but posted its worst monthly performance in seven months, after the ICE U.S. Dollar Index touched its highest level in more than five years on Thursday. June Comex gold (XAUUSD:CUR) closed the week at $1,911.70/oz, down 1.2% for the week and 2.1% for t...

Gold futures fell Monday to their lowest finish since late February, hurt by the prospect of aggressive policy tightening by the Federal Reserve and a stronger dollar. "Fears about rate hikes have gotten the upper hand as of late," Julius Baer analyst Carsten Menke told Reuters, adding that g...

Shares of precious metals miners fell across the board Tuesday, with gold prices suffering their biggest drop in three weeks as the benchmark U.S. dollar index rose to its highest since March 2020 with growing talk of aggressive interest rate hikes from the Federal Reserve. The benchmark 10-y...

Gold futures briefly topped $2,000/oz Monday, rising to their best levels since mid-March, as Russia's continuing invasion of Ukraine offers no letup for global inflation, supporting safe-haven demand for the metal. Comex gold for June delivery (XAUUSD:CUR) settled +0.6% at $1,986.40/oz, the ...

Newmont (NYSE:NEM +4.2%) surged to an all-time high Friday and closed as one of the S&P 500's top two gainers, part of a broad rise in precious metals mining shares. Newmont shares have surged 36% YTD, as Comex gold's 5.9% rise in Q1 marked the metal's best quarterly showing since Q2 2020...

Gold and silver investments have been strong performers since December, and this trend may continue for years. Record negative real yields in the U.S. bond market will not be corrected quickly or easily, encouraging investors to purchase precious metals. Gold/silver prices and val...

Precious metals miners are in rally mode as precious metals and commodity prices surge, after Russia said reports of progress in negotiations with Ukraine are "wrong," and the dollar drops. April Comex gold (XAUUSD:CUR) +2.1% at $1,949.60/oz, bouncing from four straight daily declines, and Ma...

Shares of precious metals miners are on the move as gold futures climb to a 19-month high above $2,000/oz, with April Comex gold (XAUUSD:CUR) +3.6% to $2,068/oz. "We are going to face a period of extremely high inflation where central banks will be struggling to put up a defense because of ot...

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...