ProShares Ultra Gold

UGL

Market cap $975M

Jeff Kilburg, KKM Financial founder and CEO, joins 'The Exchange' to discuss what's different about the recent price moves in gold, if there's any difference between the forces moving silver and gold and much more.

U.S. stocks traded higher toward the end of trading, with the Nasdaq Composite gaining more than 100 points on Wednesday.

Gold markets test new highs as traders stay bullish.

Wall Street rose on Wednesday, with investor optimism lifted by strong bank and corporate earnings alongside growing expectations for further Federal Reserve rate cuts — keeping trade concerns sidelined for now.

Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada.

Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter on the rough-and-tumble commodity futures trading floors in Chicago and New York.

Ernest Hoffman is a Crypto and Market Reporter for Kitco News. He has over 15 years of experience as a writer, editor, broadcaster and producer for media, educational and cultural organizations.

The gold market continues to see a bit of buying in the early hours of Wednesday, as the longer-term trend continues to attract buyers at this point. The $4200 level is now broken, and this will attract even more attention.

Morning Brief: Market Sunrise anchor Ramzan Karmali breaks down the latest market news for October 15, 2025. Gold has surged to $4,200 for the first time ever.

Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada.