ProShares Ultra Gold

Ray Dalio, the billionaire investor, is holding on to gold as a hedge against the potential risks of rising inflation and a looming debt crisis. What Happened: Dalio, the former CEO of Bridgewater Associates, has highlighted the escalating debt levels globally, with the U.S. debt reaching a record $34 trillion this year in a LinkedIn post. He als...

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.

Gold prices jumped to a new record high on Monday, as UBS boosted its forecasts in anticipation of increased retail buying, as quoted on Morningstar.

Gold delivered a moderate performance in the past year. We expect the winning trend to continue in the coming days.

Bets of Fed policy easing, a dip in bond yields, a weaker U.S. dollar and elevated geopolitical risk have led to a global rush for the bullion.