Stock Track | MicroSectors Gold Miners 3x Leveraged ETN Soars 5.01% as Gold Price Surges Above $5,140 with Bullish Bank Forecasts

Stock Track

02/23

The MicroSectors Gold Miners 3x Leveraged ETN (GDXU) surged 5.01% intraday, reflecting significant bullish momentum in the gold mining sector.

The move was driven by a sharp rally in the underlying commodity, as spot gold opened trading above $5,140 per ounce, marking a daily gain of 0.74%. Spot silver also rose nearly 2% during the session.

Major financial institutions provided aggressive upward revisions to their gold price forecasts, fueling investor optimism. ANZ forecasts gold to reach $5,800 per ounce in the second quarter, while UBS projected a potential climb to $6,200 per ounce by mid-year. Jefferies raised its 2026 gold price forecast from $4,200 to $5,000. Analysts cited driving forces including strong central bank and investment demand, expanding fiscal deficits, falling US real interest rates, and ongoing geopolitical risks. Prominent commentator Peter Schiff added to the bullish sentiment, predicting gold could surge to $7,000 per ounce.

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Spot silver also rose nearly 2% during the session.</p><p>Major financial institutions provided aggressive upward revisions to their gold price forecasts, fueling investor optimism. ANZ forecasts gold to reach $5,800 per ounce in the second quarter, while UBS projected a potential climb to $6,200 per ounce by mid-year. Jefferies raised its 2026 gold price forecast from $4,200 to $5,000. Analysts cited driving forces including strong central bank and investment demand, expanding fiscal deficits, falling US real interest rates, and ongoing geopolitical risks. Prominent commentator Peter Schiff added to the bullish sentiment, predicting gold could surge to $7,000 per ounce.</p>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"GDXU","symbol_name":"MicroSectors Gold Miners 3x Leveraged ETN","start_time":0,"source_url":"","article_id":"1148808699","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1148808699","pubTimestamp":1771810998,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"The MicroSectors Gold Miners 3x Leveraged ETN (GDXU) surged 5.01% intraday, reflecting significant bullish momentum in the gold mining sector.The move was driven by a sharp rally in the underlying...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"GDXU":"MicroSectors Gold Miners 3x Leveraged ETN"},"translate_title":"股票追踪|MicroSectors黄金矿商3倍杠杆ETN飙升5.01%，金价飙升至5,140美元上方，银行预测看涨","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"GDXU":1},"content_text":"The MicroSectors Gold Miners 3x Leveraged ETN (GDXU) surged 5.01% intraday, reflecting significant bullish momentum in the gold mining sector.The move was driven by a sharp rally in the underlying commodity, as spot gold opened trading above $5,140 per ounce, marking a daily gain of 0.74%. Spot silver also rose nearly 2% during the session.Major financial institutions provided aggressive upward revisions to their gold price forecasts, fueling investor optimism. ANZ forecasts gold to reach $5,800 per ounce in the second quarter, while UBS projected a potential climb to $6,200 per ounce by mid-year. Jefferies raised its 2026 gold price forecast from $4,200 to $5,000. Analysts cited driving forces including strong central bank and investment demand, expanding fiscal deficits, falling US real interest rates, and ongoing geopolitical risks. Prominent commentator Peter Schiff added to the bullish sentiment, predicting gold could surge to $7,000 per ounce.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"movement","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}