The Top ETF Gainers Today (AGQ, GDX, GLD, EDC, EFO, IYT)

It was a busy day for Exchange traded funds as ETFs from a diverse set of industries posted gains today. The top Gainer among all ETF’s today was Proshares Ultra Silver (NYSE: AGQ) which gained 10.38% after silver prices rose behind the falling dollar. Proshares Ultra Silver measures twice the Unites States Fixed delivery price to London.

With the weakening dollar, Prices of Gold rose as well, gaining a lifetime high of $1,087 an ounce. This fueled the gains for the Market Vectors Gold Miners (NYSE: GDX) which was up 7.65% to %46.16 and up 35% year to date. Aside from the Market Vectors Gold Miners, SPDR Gold Shares (NYSE: GLD) also rose slightly to 106.82, up 0.34%. With the rising ETFs for Gold, Gold related stocks also rose in trading with Barrick Gold Corporation (NYSE: ABX) gaining around 2.58%. Barrick Gold Corporation, the largest gold producer in Canada, is considering selling their North Mara Gold Mine in Tanzania. ABX is scheduled to release their earnings call today, after the market closes.

Among US Stock related ETFs, the Direxion Daily Emerging Market Bull 3X (NYSE: EDC) have shown gains of around 9.19%. The Direxion Daily Emerging Markets Bull 3X looks to emulate 300% of the MSCI Emerging Markets index. The volatility that EDC exhibited was a bit low but the index did trend higher.

Ultra MSCI EAFE Proshares (EFO), an ETF that tracks a blend of Foreign Large Capital Stocks gained 5.59% and Proshares FTSE Xinhua (XPP) was up 5.88% after the fourth consecutive winning streak of China Stocks .

Other ETFs that have gained today includes, iShares Dow Jones Transport Average (NYSE: IYT) which has gained 5.35% behind news of Warren Buffets’ Berkshire Hathaway (NYSE: BRK.A) acquisition of remaining shares of Burlington Northern Santa Fe (NYSE: BNI). But Silver ETFs led the rest of the way with iShares Silver Trust (NYSE: SLV) and PowerShares DB Silver Fund (NYSE: DBS) both gaining over 5% today and over 50% for the year.