News
NUGT
34.35
+4.19%
1.38
Limited upside for gold as March rally 'remains a mystery', says Commerzbank
Commodities Limited upside for gold as March rally 'remains a mystery', says Commerzbank. Gold prices are up more than 7% this month, set for their best monthly gain since October last year. The increase in prices following the Federal Reserve's dovish outlook on interest rates remains a mystery.
Seeking Alpha · 22h ago
Commodity Roundup: Oil set for third monthly gain; gold eyes best month since Oct.
Commodities Energy Commodity Roundup: Oil set for third monthly gain; gold eyes best month since Oct. Crude oil prices headed for longest streak of monthly advances since September last year. Brent futures are up 4.26% so far this month, with WTI up 5.10%. Gold prices too aiming for a monthly gain, its biggest since October. Tensions in the Middle East continue to support prices.
Seeking Alpha · 23h ago
Commodity Roundup: Oil down on surprise crude build; cocoa holds near record levels
Commodities Energy Commodity Roundup: Oil down on surprise crude build; cocoa holds near record levels. Oil prices fell for a second-consecutive day on Wednesday, falling more than 1% following a report that U.S. Crude stockpiles rose sharply last week. Among agricultural commodities, cocoa prices pulled back slightly from the all-time high of $10,080 per metric ton hit on Tuesday.
Seeking Alpha · 2d ago
Commodity Roundup: Cocoa prices extend gains after surpassing $9,000 on supply woes
Commodities Energy Commodity Roundup: Cocoa prices extend gains after surpassing $9,000 on supply woes. Silver prices rose, along with platinum, and gold, supported by a weaker U.S. Dollar. Cocoa price surpasses $10,000 a tonne for the first time ever due to a supply crisis in West Africa. European natural gas prices fall on concerns over tightening supplies.
Seeking Alpha · 2d ago
Gold adds to gains on lingering inflation concerns; analysts see price moving higher
Front-month Comex gold for March delivery closed up 0.7% to $2,174.80/oz. Gold prices climbed on expectations of interest rate cuts by the U.S. Federal Reserve this year. Gold's position as an inflation hedge has supported its rally, analysts say.
Seeking Alpha · 3d ago
Weekly Report: what happened at NUGT last week (0318-0322)?
Weekly Report · 4d ago
Commodity Roundup: Gold prices pullback from record highs, oil set for weekly fall
Commodities Energy Commodity Roundup: Gold prices pullback from record highs, oil set for weekly fall. Spot gold prices retreated from a record high on Friday, but were set for a weekly gain. Most metals, and energy commodities were trading in red against a firmer dollar. Reports of a draft resolution calling for a ceasefire in Gaza weighed on crude oil prices.
Seeking Alpha · 03/22 10:16
Direxion Daily Gold Miners Index Bull 2X Shares declares quarterly distribution of $0.1984
Seeking Alpha · 03/21 17:36
Gold touches record high as Fed paints 'Goldilocks scenario' for prices
Gold touches record high as Fed paints 'Goldilocks scenario' for prices. Spot gold prices pushed to a record high of $2,208.30/oz. The U.S. Federal Reserve maintained its outlook of three quarter-point rate cuts for this year.
Seeking Alpha · 03/21 11:22
Commodity Roundup: Gold soars to new all-time high; ING says oil market 'overbought'
Gold soars to new all-time high; ING says oil market is 'overbought' Iron ore prices may be near a floor amid a reset in expectations around demand, ANZ says. Gold prices hit a record above $2,200 an ounce for the first time. The Federal Reserve maintained its outlook for three rate cuts this year.
Seeking Alpha · 03/21 10:18
Gold rallies near record high after Fed maintains three rate cuts coming this year
Seeking Alpha · 03/20 20:30
Commodity market open interest hits six-month high as oil and copper inflows surge - JPM
Commodity market open interest hits six-month high as oil and copper inflows surge. The estimated value of open interest across global commodity markets surged by 6% over the week to $71 billion. Inflows in crude oil amounted to $14 billion, the highest since September 2023. Prices of most metals are trading lower today.
Seeking Alpha · 03/20 10:35
Commodity Roundup: Oil, gold fall ahead of FOMC verdict; Morgan Stanley raises Brent forecast
Seeking Alpha · 03/19 10:16
Commodity Roundup: Natgas futures gain after consecutive weekly loss; oil above $80/bbl
Natural gas futures gain after consecutive weekly loss; oil above $80/bbl. European natural gas futures soared about 8% to approach €29/MWh on Monday. Oil prices extended their gains from the previous week, supported by stronger-than-expected data from China.
Seeking Alpha · 03/18 10:12
Weekly Report: what happened at NUGT last week (0311-0315)?
Weekly Report · 03/18 09:55
Gold falls for first time in four weeks as persistent inflation slows rate cut bets
Gold falls for first time in four weeks as persistent inflation slows rate cut bets. Investors trim expectations of a U.S. Interest rate cut after consumer prices rose more than expected in February. Front-month gold prices posted their first weekly decline since mid-February. But the yellow metal has still gained 5.4% this month and 4.6% YTD.
Seeking Alpha · 03/15 21:55
Commodity Roundup: Silver set for third week of gains, gold below record high
Silver set for third week of gains, gold below record high. Spot silver hits highest since early December. Oil prices lower, but headed for weekly gains. Cocoa prices rise more than 1%, set for its best week in nearly a month. U.S. Consumer price index rises more than expected in February.
Seeking Alpha · 03/15 10:16
Commodity Roundup: Drone strikes on Russian refineries keep oil supported; gold down
Seeking Alpha · 03/14 10:12
Commodity Roundup: Natgas futures down as EIA lowers price forecast for 2024; copper futures rise
U.S. Natural gas prices down as EIA lowers price forecast for 2024; copper futures rise. Oil prices rise on strong demand in the United States. Gold prices rise after snapping a nine-session long rally on Tuesday. EIA raised its 2024 outlook for growth in domestic oil production.
Seeking Alpha · 03/13 10:30
Gold turns lower after nine days of record-breaking gains as U.S. inflation continues
Gold turns lower after nine days of record-breaking gains as U.S. Inflation rises. Headline CPI rose by 3.2% Y/Y on an annual basis in February, higher than expected. Gold's price is closely linked to interest rates. The market believes the Fed will cut in June.
Seeking Alpha · 03/12 20:30
More
Webull provides a variety of real-time NUGT stock news. You can receive the latest news about Direxion Daily Gold Miners Bull 2X ETF through multiple platforms. This information may help you make smarter investment decisions.