ProShares Ultra Gold

UGL provides 2x the daily performance of gold, as measured by the price of COMEX gold futures contracts.

Goldman Sachs Physical Gold ETF

GraniteShares Gold Shares

Invesco DB Precious Metals Fund

Invesco DB Gold Fund

SPDR Gold Trust

SPDR Gold MiniShares Trust

iShares Gold Trust

VanEck Merk Gold Trust

Aberdeen Standard Gold ETF Trust

Gold faced resistance near $1740 and moved towards the $1720 level despite weaker U.S. dollar.

Gold Price Prediction – Gold Pulls Back As Treasury Yields Rise

DB Gold Double Long ETN

iShares Gold Strategy ETF

(Kitco News) - In a research note from last week, UBS analysts cut forecasts on gold. The bank had been projecting $1700/oz by June of next year. Now the team of analysts downgraded the forecast to $1650/oz for 1 year. Gold is traditionally viewed as an inflation hedge but despite rocketing global inflation, the gold price has struggled.

UBS downgrade its gold forecasts

Gold is 0.2% higher this morning, as it is trading along the $1,730 level. What about the other precious metals?

Daily Gold News: Monday, July 25 – Gold's Short-Term Consolidation

Gold futures were essentially flat early on Monday after snapping a streak of five weekly losses, while the U.S. dollar continued its retreat and Treasury yields were only marginally higher.

Gold rebound pauses after snapping five-week losing streak

Gold traders will be assessing whether the U.S. central bank will hike interest rates by 75 basis points or the more aggressive 100 basis points.

Price of Gold Fundamental Weekly Forecast – Recession Fears Could Outweigh Fed's Rate Decision

Trader reaction to the minor pivot at $1729.60 is likely to determine the direction of the December Comex gold futures contract early Monday.

Gold Price Futures (GC) Technical Analysis – Trade Through $1763.10 Shifts Momentum to Upside

United States Brent Oil Fund LP

Invesco DB Oil Fund

Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares

iShares U.S. Oil & Gas Exploration & Production ETF

VanEck Vectors Oil Services ETF

iPath Pure Beta Crude Oil ETN

Invesco Dynamic Oil & Gas Services ETF

ProShares Ultra Bloomberg Crude Oil

United States Oil Fund LP

SPDR S&P Oil & Gas Exploration & Production ETF

Downbeat US, Eurozone and UK PMI data bolstered global recession bets, boosting gold but hurting the oil demand outlook.

WTI Falls Back to Test 200DMA in $94s, Gold Boost by Recession Fears

Gold futures climbed on Friday to settle at their highest price since July 13. The precious metal also gained for the week, breaking a streak of five consecutive weekly losses, buoyed by a retreat in the U.S. dollar.

Gold futures gain, post first weekly rise in 6 weeks

(Kitco News) - Gold prices appear to have created at least a short-term bottom and many analysts are looking for a bounce to at least $1,750 as sentiment in the marketplace has significantly improved.

Sentiments points to bounce in gold price next week but might not be sustainable

Gold markets have had a wild week, as we continue to see a lot of volatility around the markets in general.

Gold Weekly Price Forecast – Gold Markets Bounce From Crucial Support

(Kitco News) - Recession fears continue to build in the U.S. as preliminary data showed mixed activity within manufacturing and service sectors in July.

Gold prices holding solid gains as U.S. flash PMI data shows activity in manufacturing, service sectors at two-year lows

(Kitco News) - Gold's performance has been tumultuous this year, with the war in Ukraine sending the metal above $2,000 per ounce. Recently, however, gold has fallen in price, and is down year-to-date by 7.8 percent.

The Fed will 'abandon' tightening, causing gold to soar higher - Rich Checkan

Gold is 0.3% higher this morning, as it is extending its yesterday's advance. What about the other precious metals?

Daily Gold News: Friday, July 22 – Gold Price Managed to Stay Above $1,700

Gold extended its gains to a second session on Friday as the yellow metal rebounded after tumbling to its lowest level since early 2021.

Gold on track to snap 5-week losing streak as price rises for 2nd day

July's initial flash PMI (purchasing manager's index) readings are due at 13:45 GMT, offering a further glimpse at the health of the economy.

Price of Gold Fundamental Daily Forecast – Higher as Safe-Haven Bond Buying Fuels Yield Plunge

Global X Silver Miners ETF

Amplify Junior Silver Miners ETF

Aberdeen Standard Physical Silver Shares ETF

iShares Silver Trust

iShares MSCI Global Silver Miners ETF

(Kitco News) - Gold and silver prices are higher in early U.S. trading Friday, on upside corrections after recent selling pressure. Short covering from futures traders is also featured in both metals, heading into the weekend.

Gold, silver see corrective price rebounds heading into weekend

Trader reaction to the minor pivot at $1729.60 is likely to determine the direction of the December Comex gold futures contract early Friday.

Gold Price Futures (GC) Technical Analysis – Closing Price Reversal Bottom May Be Signaling Momentum Shift

Gold futures ended higher on Thursday, recouping their loss from a day earlier and then some -- when prices settled at their lowest in more than 15 months. The U.S. dollar saw some weakness as the euro climbed in the wake of the European Central Bank's decision to lift its key interest rate, and U.S. Treasury yields declined, providing support for the precious metal.

Gold ends higher a day after falling to lowest finish since March 2021

(Kitco News) - Gold drop from its March highs at $2,000 an ounce did a lot of technical damage and pushed gold into a downtrend; however, according to one technical analyst, the precious metal could be on the verge of establishing a new short-term bull move.

Is the bottom in? Gold could see a bullish correction, bouncing off $1,700 - Moor Analytics

Gold has failed to show its value as a haven investment so far this year, with prices marking their lowest settlement since the spring of 2021. And a key index that tracks the performance of gold mining stocks dropped to a more than two-year low.

Here's what could trigger a lasting rally in gold prices

(Kitco News) - Gold prices are moderately up in midday U.S. trading Thursday, on a short-covering and bargain-hunting bounce after prices hit a 15-month low overnight.

Gold rebounds as ECB gets aggressive, crude pares losses, USDX down

Gold markets have plunged significantly lower during the trading session on Thursday but have also recovered as the ECB raised rates. This put downward pressure on the US dollar, which by extension turned the gold market around.

Gold Price Forecast – Gold Markets Recover After a Significant Selloff

(Kitco News) - The growing threat of inflation prompted the European Central Bank to surprise markets by raising interest rates across the board by 50 basis points, providing the euro with new momentum against the U.S. dollar and, in turn, pushing gold prices back above $1,700 an ounce.

Gold holding $1,700 as ECB raises interest rates but will U.S. dollar weakness last

(Kitco News) - Falling momentum in the U.S. labor market is creating further selling pressure on the U.S. dollar, which is pushing gold prices into neutral territory.

Gold price back above $1,700 as U.S. Weekly jobless claims rises to 250K

(Kitco News) - Gold and silver prices are down in early U.S. trading Thursday. Gold prices hit a 15-month low overnight but have rebounded a bit off those lows.

News for ProShares Ultra Gold ETF (UGL)