Below these three exist a number of leveraged/trading products that have not become hugely popularly yet, but in times of trade-able high volatility in Gold, we have seen large upticks of interest in terms of both trading volumes and asset flows in such products.
Given Gold’s flirtation with 5 month highs once again this week, it makes sense to have “Long” Gold ETPs on the radar as well as they may very well see strong upticks in interest.
These include DGP (PowerShares DB Gold Double Long ETN, Expense Ratio 0.75%), UGL (ProShares Ultra Gold, Expense Ratio 0.95%), and UGLD (VelocityShares 3X Long Gold ETN, Expense Ratio 1.35%) for instance, all which remain smaller from an asset standpoint, ranging from $41 million to $186 million.
SPDR Gold Shares
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