Direxion Daily Gold Miners Bull 3X ETF
Latest Direxion Daily Gold Miners Bull 3X ETF News and Updates
Macroeconomic Analysis Which Mining Stocks Have Highest Correlation to Gold?
Mining companies that have high correlations with gold include Cia de Minas Buenaventura (BVN), AngloGold Ashanti (AU), Hecla Mining (HL), and Kinross Gold (KGC).Macroeconomic Analysis Which Mining Stock Is Most Correlated to Gold?
Mining companies that have high correlations with gold include Sibanye Gold (SBGL), Gold Fields (GFI), Silver Wheaton (SLW), and Franco-Nevada (FNV).Macroeconomic Analysis Analyzing the Correlation of Mining Stocks
Mining companies that have high correlations with gold include Alamos Gold (AGI), First Majestic Silver (AG), B2Gold (BTG), and Royal Gold (RGLD).Company & Industry Overviews Which Sectors to Invest in If Donald Trump Wins
When Republican George H.W. Bush was elected president, the S&P 500 rose 8.5% three months after the election. It had a return of 11.2% six months after the election.Macroeconomic Analysis Could Rising Government Debt Mean Long-Term Upside for Gold?
If you expect this positive correlation to resume, then gold would seem very cheap at its current levels, suggesting an upside in gold prices in the long term.Macroeconomic Analysis How the Fed Interest Rate Hike Is Expected to Affect Gold Prices
The Fed rate hike has been a major driver for gold prices since mid-2015. Higher interest rates usually diminish gold’s appeal due to its non–interest yielding nature.Macroeconomic Analysis Why Is the SPDR Gold Shares ETF (GLD) Losing Its Sheen?
The SPDR Gold Shares ETF (GLD) is the world’s largest ETF. It’s also the highest-traded. Friday’s price for GLD was $104.39.