United States Gasoline Fund Reports Strong October Gains

United States Gasoline Fund LP ( (UGA) ) has shared an update.

The United States Gasoline Fund, LP reported a net income of $4,220,077 for October 2024, with a realized trading gain on commodity futures of over $5 million, offset by some unrealized losses. Despite withdrawals, the fund’s net asset value rose to $97,500,745, reflecting resilience in a volatile market, making it an intriguing consideration for those interested in energy sector investments.

For a thorough assessment of UGA stock, go to TipRanks’ Stock Analysis page.