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ProShares Ultra Gold (UGL) News Today

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$37.47 +0.94 (+2.57%)
Closing price 06/13/2025 04:10 PM Eastern
Extended Trading
$37.44 -0.02 (-0.07%)
As of 06/13/2025 07:58 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

Why is ProShares Ultra Gold Up Today?

ProShares Ultra Gold (UGL) has increased as gold prices have surged amid escalating Middle East tensions and broader safe-haven demand.

  • Geopolitical risk: Israeli airstrikes on Iran’s nuclear sites have driven a rush into gold as a safety asset.
  • Gold testing new highs: XAU/USD recently topped $3,440 and is eyeing a move toward $3,500.
  • US dollar weakness: A softer dollar is amplifying gold’s appeal and supporting higher bullion prices.
  • Oil price rally: Crude’s jump on Middle East uncertainty often correlates with stronger gold performance.
  • Heightened safe-haven flows: Investors are reallocating from equities to bullion amid risk-off sentiment.
  • Technical pause: After hitting record levels near $3,500, gold is consolidating, which UBS sees as a setup for another advance.
  • Mixed economic data: Softer US PPI/CPI readings and shifting Fed rate-cut bets are adding volatility but maintaining gold’s bullish case.
  • Other metals: Platinum breaking above $1,200 reflects broad strength across precious metals.
  • Equity underperformance: Stock indices have slipped on risk aversion, although this dynamic typically benefits gold-linked ETFs like UGL.

Investors in UGL are benefiting from the current safe-haven rally in gold, supported by geopolitical tensions, dollar weakness, and technical momentum.

Posted 23h agoAI Generated. May Contain Errors.

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UGL Media Mentions By Week

UGL Media Sentiment

Each headline receives a score ranging from 2 (good news) to -2 (bad news). Our company news sentiment scores track the average news sentiment of articles about each company over the most recent 7 days in order to identify companies that are receiving positive press.

UGL
News Sentiment

0.52

0.73

Average

News Sentiment

UGL News Coverage

We track news headlines from hundreds of news outlets and tag them by company. This chart compares the number of articles about this company in the last seven days compared with the average number of articles about this company on a typical week.

UGL Articles
This Week

10

6

UGL Articles
Average Week

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This page (NYSEARCA:UGL) was last updated on 6/14/2025 by MarketBeat.com Staff
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