NYSEARCA:DGP

Db Gold Double Long Etn ETF News

etoro logo Buy DGP
*Your capital is at risk
$164.80
+2.16 (+1.33%)
At Close: Jun 04, 2026
Gold prices traded lower on Thursday, but pared their losses following an interest-rate hike and statement from the European Central Bank. Investors also digested some fresh U.S. inflation data.
Gold's recent behavior raises concerns as it drops below the 200-Day EMA, hinting at a deeper retracement towards 1,900 and possibly 1,893.
Silver and platinum have also found themselves under pressure despite the pullback in Treasury yields.
Gold experiences a bearish trend continuation as it dips below 1,915, but a potential bullish reversal looms as it bounces off key support near 1,907.53.
Silver and platinum continue to rebound from recent lows.
(Kitco News) - Gold prices are moderately down and hit a three-week low in midday U.S. trading Tuesday.
Silver and platinum are moving away from multi-week lows.
The upcoming CPI report indicates a 0.4% rise; experts predict no Fed rate hikes in September, amid investor concerns over S&P 500's 5% dip.
(Kitco News) - Gold trended downward this week, with prices falling around 1% after the Labor Day holiday in what proved to be a slow week for economic data and market-moving events.
Gold's recent rally met resistance at 1,930 and faced a sharp reversal and signaling possibly further weakness as it is on track to close Friday with an inverted hammer candlestick pattern.
Silver and platinum remain under significant pressure ahead of the weekend.
Gold futures ticked higher Friday, but remained on track for a weekly loss in the face of rising Treasury yields and a stronger U.S. dollar.
Gold's price action is at a crossroads, with an eye on both downside support levels and upside breakout opportunities, particularly on the weekly chart.
Silver and platinum remained under pressure amid worries about the slowdown of the Chinese economy.
As central banks pile up gold reserves, investors are also accumulating the precious metal, JPMorgan reports. The bank estimates gold accumulation to be at the highest level since 2012.
Click to get the best stock tips daily for free!

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE