NYSEARCA:DGP

Db Gold Double Long Etn ETF News

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$164.80
+2.16 (+1.33%)
At Close: Jun 04, 2026
U.S. dollar's pullback did not provide support to precious metals as traders focused on rising Treasury yields.
Rising Treasury yields put additional pressure on precious metals.
(Kitco News) - The gold market is struggling to find solid ground even as the Federal Reserve moves closer to the end of its tightening cycle, with the banking sector now doing most of the heavy lifti
The report indicated that U.S. manufacturing sector remained under pressure.
Gold is attempting to negate its recent breakdown. Can it succeed?
After a brief pullback, metals and miners should continue higher from here.
Silver moved towards the $25.00 level, while platinum settled back above $950.
(Kitco News) - Despite recent volatility, the gold market continues to hold firm support at around $1,950 an ounce.
The report highlighted the improvement in expectations regarding future manufacturing activity.

Good news! Gold investors aren't a dying breed

04:59pm, Friday, 28'th Jul 2023
(Kitco News) - A new investors survey from State Street Global Advisors has been making the news rounds lately, highlighting a surprising trend in the gold market.
Gold's support levels tested, potential further retracement ahead. Bounce off lows offers minor bullish indication, but unconfirmed monthly breakout raises caution amid potential sell-off risk.
Warren Buffett (Trades, Portfolio), the CEO of Berkshire Hathaway Inc. ( BRK.A , Financial) ( BRK.B , Financial), has often been asked for his opinion on gold as an investment vehicle, and, to many pe
The report showed a sharp rise in sentiment but fell short of analyst expectations.
Despite the decline, gold's uptrend structure remains intact, with a lower support zone around 1,935. Traders closely monitor the 100-Day EMA for further price behavior clues.
Precious metals retreat as traders react to strong U.S. economic data.
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