Master 3x Gold Leveraged ETFs: Risks, Returns, & Strategies
Understanding 3x Leveraged Gold ETFs: A Daily Dance with Risk and Reward 3x leveraged gold ETFs aim to deliver three times the daily price movement of gold. This sounds appealing, promising amplified returns, but the reality involves significant risk. These ETFs use derivatives, primarily futures contracts, to achieve this leverage. However, the crucial aspect to grasp is the daily reset. This means daily gains or losses are amplified, but the process restarts each day....