Gold surged to a new all-time high of $5,311 today. Since the start of 2026, prices have rocketed more than 20%, climbing all the way from $4,332. Major gold-related ETFs have posted equally staggering gains. Among leveraged products, 3x long $MicroSectors Gold Miners 3x Leveraged ETN(GDXU)$ is up 100.5% YTD, while 2x long $Direxion Daily Junior Gold Miners Index Bull 2X Shares(JNUG)$ and $Direxion Daily Gold Miners Index Bull 2X Shares(NUGT)$ have gained 65% and 60.2%, respectively. In the gold miners space, $VanEck Gold Miners ETF(GDX)$ has risen 27.4% YTD. ETFs that directly track gold prices, such as
Gold Price Hits New Historical High in Early 2026
In early 2026, the price of gold reached a new historical high, marking a significant event in the global investment market. This surge in gold prices has attracted considerable attention from investors worldwide, raising questions about the timing and potential benefits of buying gold at this peak.