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Direxion Daily Junior Gold Miners Bull 2X (JNUG)
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As Government Shutdown Panic Swirls, Consider These 2 Top-Performing Gold ETFs to Buy Now
Yahoo Finance· 2026-01-27 21:06
Core Viewpoint - The price of gold is experiencing a significant increase due to the likelihood of a partial government shutdown, with specific ETFs providing investment opportunities in this trend [1][2]. Group 1: Gold Price Drivers - Factors contributing to the rise in gold prices include a weakening U.S. dollar, high global government debt, U.S. sanctions against Russia, and elevated geopolitical tensions [2]. - The imminent partial government shutdown is expected to further influence gold prices positively [4]. Group 2: ETF Performance - Direxion Daily Junior Gold Miners Bull 2X (JNUG) saw a 41% increase in January and a 150% rise over the preceding three months, with a remarkable 696% increase over the past year, rated as a "Strong Buy" [3]. - Direxion Daily Gold Miners Bull 2X (NUGT) experienced a 39% increase in January and a 132% rise over the previous three months, with a 588% increase over the past year, also rated as a "Strong Buy" [3].