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United States Gasoline Fund LP ( (UGA) ) just unveiled an announcement.
The United States Gasoline Fund, LP reported a net loss of $5.63 million for September 2024, primarily due to realized trading losses on commodity futures. Despite this, the fund’s net asset value slightly increased to $96.54 million, driven by the addition of shares. These insights highlight the volatile nature of commodity investments, which can intrigue investors looking to understand the dynamics of such financial instruments.
For a thorough assessment of UGA stock, go to TipRanks’ Stock Analysis page.