NYSEARCA:DGP

Db Gold Double Long Etn ETF News

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$162.64
-2.82 (-1.70%)
At Close: Jun 03, 2026
Investors tried and failed earlier this month to lift gold prices to a fresh record high and even the risk of a U.S. debt default has been unable to keep prices for the precious metal above the key $2
Treasury yields have started to pull back after the recent rally, providing support to precious metals markets.
Gold prices edged higher on Friday after the most-active contract settled at its lowest level in about nine weeks a day earlier.
The current dip in gold prices presents a potential buying opportunity, as the 100-Day EMA and uptrend line should offer strong support.

How to Trade the Gold Rush With ETFs

12:17pm, Thursday, 25'th May 2023
While the debt-ceiling impasse, bets on Fed rate hike pause and recession fears are driving gold higher, a stronger dollar and rise in yields are weighing on the yellow metal.
(Kitco News) - Geopolitics, inflation, technology and de-dollarization all occurring at the same time are creating a flywheel effect that is leading to an imminent and fundamental change in global eco
Some Fed members are worried that U.S. may not raise the debt ceiling in time to avoid a default.
(Kitco News) - The Federal Reserve should be reduced to a single mandate of price stability, and the dollar can be strengthened by tying it to a basket of commodities.
(Kitco News) - Gold prices are weaker in midday U.S. trading Wednesday. Risk appetite up-ticked a bit today on reports the U.S. government debt-limit-extensions talks are set to resume, following a re
Gold prices recovered a little ground on Wednesday as the impasse over the U.S. debt-ceiling in Washington boosted demand for safe havens following the yellow metal's worst weekly selloff since Februa
Technical analysis suggests that gold's bullish outlook relies on maintaining the uptrend line and avoiding a daily close below it.
The report highlighted widening divergence between manufacturing and services.
Rising Treasury yields serve as an additional bearish catalyst for precious metals.
Gold prices headed lower on Monday, adding to last week's losses, as traders waited to see how the debt-ceiling debate in Washington would shake out — while a stronger U.S. dollar has eaten away at
Gold experiences intraday bounce but faces bearish signals, highlighting key levels and the overall outlook.
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