NYSEARCA:DGP

Db Gold Double Long Etn ETF News

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$164.80
+2.16 (+1.33%)
At Close: Jun 04, 2026
Silver moved above the $23.00 level, boosted by falling gold/silver ratio and weak dollar.
(Kitco News) - Gold prices are slightly up and silver prices are solidly up in midday U.S. trading Monday, with gold poking to another five-month low in overnight trading.
Gold prices traded modestly higher on Monday as the yellow metal aimed for back-to-back gains after a lengthy losing streak.
Monthly chart signals bearish prospects, with a potential breakdown of key support levels.

Silver Should Rebound From Current Levels

11:08am, Friday, 18'th Aug 2023
Traders are overestimating the probability of another rate hike from the Fed.
A closer look at gold's downward trend: support zones, Fibonacci levels, and RSI indicators provide insights into possible reversals.
(Kitco News) - Gold prices are modestly down and hit another five-month low today, as U.S. Treasury yields are on the rise, with the 10-year note scoring its highest yield in 15 years, at around 4.3%.
The strength of the American currency continues to put material pressure on precious metals.
A bearish signal emerges as gold closes under the 200-Day EMA, reinforcing potential price drops.
Precious metals remain under pressure as traders stay focused on the disappointing economic news from China.
The index has pulled back from yearly highs as builder confidence retreated in August.
Amid a sweeping retreat in precious metals, platinum's value teeters at pivotal support levels, spotlighting its volatile spot price dynamics.
U.S. dollar enjoyed a strong rebound from July lows but this rally may soon lose steam, which will be bullish for gold markets.
The divergence between economic indicators is highly supportive of a recession. I have no idea when it starts, but I'm confident it's coming.
(Kitco News) - When it comes to investor demand, the gold market is in a pretty deep funk. But we can't be that surprised by this turn of events. Why would someone hold gold when opportunity costs are
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