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ProShares Ultra Gold is structured to provide daily investment returns that are double (2x) the daily performance of the Bloomberg Gold SubindexSM. This objective is pursued before factoring in any associated fees or operational expenses.
Is UGL's expense ratio expensive, average, or a steal for its category?
Pro reveals the verdict on a 5-tier spectrum calibrated against ICI 2025 industry averages, with strategy-aware bands so the comparison is meaningful.
Gold edged lower in Asian trade. While markets broadly expect the Federal Reserve to leave rates unchanged at its October meeting, another increase later this year remains a live risk, OCBC said.
Spot gold and silver prices were higher in late U.S. trading Monday, recovering some of last week's steep losses as declining crude oil prices eased inflation concerns and encouraged renewed buying interest in precious metals ahead of this week's Federal Reserve monetary policy decision.
Gold became a major investment theme at the start of the year as central bank demand helped drive prices to record highs above $5,600 an ounce; however, sentiment has turned significantly more cautious in the second half of 2026 as the conflict in the Middle East remains far from over.
Gold is struggling to hold support at $4,000 an ounce, which has become a critical pivot point for the precious metal. The disappointing price action comes as U.S. 10-year Treasury yields start the week below 5.0%, providing little relief for the beleaguered market.
For the first time ever, the world's largest commodity – Gold – and the first and largest cryptocurrency – Bitcoin (BTC) – emerged as the two worst-performing major assets in 2026.