Gold Settles At New Nominal High…Again. (GLD, GDX, UUP)

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Gold futures skyrocketed once again today, ending the regular session at $1,340.60 per ounce. The SDPR Gold Trust
GLD
, which tracks the price of Gold futures, ended the session higher by 1.97%, trading at $130.99. Much of this movement was due to falling of the U.S. Dollar Index, which fell once again today. The Powershares DB US Dollar Bull Index
UUP
, which tracks the Dixie, ended the session lower by 0.84%, at $22.56. Interesting to note is that the Gold miners continue to outperform to price of gold futures; the Market Vectors Gold Miners ETF
GDX
ended the session higher by 3.08%, trading at $57.26 and the Market Vectors Junior Gold Miners ETF
GDXJ
ended the session higher by 3.96%, trading at $34.66. Silver futures also ran higher today, touching a 30-year high, at $22.92 per ounce. The iShares Silver Trust
SLV
, which tracks silver futures, ended the session higher by 3.86%, trading at $22.34.
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Posted In: Specialty ETFsFuturesCurrency ETFsIntraday UpdateETFs
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