Direxion Daily Gold Miners Index Bull 2X Shares (NUGT) Dividend History

Company News

• As Spot Gold Stalls Will Investors Turn To Gold Miners? This ETF Looks Ready To Break Out And Offers 2X Leverage

  Spot gold was trading flat Wednesday, continuing to consolidate in a sideways pattern after reaching record highs in April, partly propelled by China escalating its purchases of the commodity. For cyclical investors, spot gold’s consolidation following the metal’s steep bull run could signal that traders will begin switching their focus toward gold miners, the latter which has underperformed the movement of the physical commodity. Direxion Daily Gold Miners Index Bull 2X Shares (ARCA: NUGT) invests in a variety of publicly traded firms with global operations in both developed and emerging markets. These companies are predominantly involved in gold mining, with some also engaged in silver mining, but to a lesser degree. Read Next: As Large-Cap Stocks Take A Breather And The SPY Trades Sideways, Will Small-Cap Stocks Steal The Spotlight? Trending: DOGE Is The 'BTC Of Memes' And These Two Meme Coins Are The ETH And A 'Must Have,' Trader ...Full story available on Benzinga.com

  Benzinga

  Featured Companies: FNV NEM
• Gold's Bull Run Likely to Continue: ETFs to Add More Shine

  Investors who are bullish on gold right now may want to consider a near-term long on the precious metal. There are several options in the leveraged gold and gold mining space to make quick profits, as these could see huge gains in a very short time frame compared to simple products.

  Zacks Investment Research

  Featured Companies: JNUG UGL
• NUGT: Bullish Gold Miners Heading Into April, Improved Momentum

  Direxion Gold Miners ETF is a small ETF with just $587 million in assets under management as of March 6, 2024. Check out what makes NUGT an appealing investment.

  Seeking Alpha

  Featured Companies: GDX GDXJ