ProShares Ultra Silver

AGQ

時価総額 $11.2億

ProShares Ultra Silver ETF (AGQ) is rated a Buy, but only as a short-term trading tool, not a long-term investment. AGQ's leverage amplifies silver's volatility, requiring disciplined risk-reward management, stop-loss planning, and profit-taking strategies. Silver's bullish trend is intact, supported by a persistent supply-demand deficit and technical support above the 1980 high of $50.36/oz.

Leveraged precious-metals ETFs are the standouts on Wall Street this session, with the Direxion Daily Gold Miners Bull 2X Shares (NYSEARCA:NUGT) surging 14.46% and the ProShares Ultra Silver (NYSEARCA:AGQ) climbing 9.39% as both gold and silver spot prices rally, both up between 4% and 5%.

Silver fell towards $58.50 an ounce on Friday as a modest rebound in the US dollar prompted traders to trim positions after two sessions of gains. The metal was down about 0.8% at $58.52 in early trade, snapping a brief recovery that followed the Federal Reserve's decision to keep interest rates unchanged.

The ProShares Ultra Silver ETF (NYSEARCA: AGQ) has become an increasingly popular way for bullish investors to amplify their exposure to silver.

ProShares Ultra Silver (NYSEARCA:AGQ) and ProShares UltraShort Silver (NYSEARCA:ZSL) look like mirror images: one bets 2x long on silver, the other 2x short.

A $10,000 position in ProShares Ultra Silver (NYSEARCA:AGQ) at Friday's open was worth roughly $8,376 by the closing bell.

Silver has had a monster run, and traders who wanted to amplify the move reached for the ProShares Ultra Silver (NYSEARCA:AGQ).

Silver extended its decline for a third consecutive session on Monday, with XAG/USD trading around $74.20 per troy ounce during Asian hours. Investors reacted to India's surprise restrictions on silver imports, rising expectations of another Federal Reserve rate hike and weaker investment demand projections from UBS.

Silver bulls finally got their moonshot. ProShares Ultra Silver, the 2x daily leveraged silver futures ETF, returned roughly 184% over the past year as a COMEX physical-delivery squeeze reshaped the futures curve.

ProShares UltraPro Silver (AGQ) ETF did deliver a +311% price return since my last bullish article in August 2023, far outpacing the S&P 500. I am downgrading AGQ from Buy to Sell, projecting a significant silver price correction to continue over the next 3–6 months. I am thinking AGQ will potentially fall to $65–$80, well below its 200-day moving average, as silver's bull run pauses.