Stock Track | ProShares Ultra Silver Soars 8.66% Intraday on Geopolitical Tensions and Bullish Silver Outlook

Stock Track
Feb 20

ProShares Ultra Silver (AGQ) surged 8.66% during intraday trading on Friday, reflecting a sharp rise in silver prices.

The rally comes amid escalating geopolitical tensions in the Middle East, which are fueling safe-haven demand for precious metals. Analysts note that silver futures have been climbing, with market participants closely watching U.S. military deployments in the region. This tense environment provides underlying support for silver.

Additionally, silver is seen entering a structural bull market due to physical supply-demand imbalances and its critical role in industrial applications. With global debt levels high and central banks potentially reassessing policies, silver's attractiveness as a hedge is increasing, contributing to the leveraged ETF's gains.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10