NYSEARCA:DGP

Db Gold Double Long Etn ETF News

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$162.64
-2.82 (-1.70%)
At Close: Jun 03, 2026
Silver settled below the $24 level, while gold continued to trade above the key $2000 level.
U.S. dollar moved higher as traders rushed to buy safe-haven assets. Gold was mostly flat despite stronger dollar.
The prepared investor will preserve wealth and prosper during the next great depression.
Gold prices traded lower again on Friday following two sessions of losses as a stronger U.S. dollar took some of the shine off the yellow metal, prompting some analysts to speculate about an end — o
(Kitco News) - Gold is catching up to real estate as the best long-term investment, with American investors' perceptions shifting due to higher interest rates and increased stock market uncertainty.
Treasury yields tested new lows as traders bet on a less hawkish Fed.

Gold Struggles as Momentum Falters

04:20pm, Wednesday, 10'th May 2023
Multiple trendlines converge for an expanded target zone of $2,100-$2,113.

Gold slips ahead of U.S. inflation report

08:13am, Wednesday, 10'th May 2023
Gold prices were slightly lower on Wednesday as investors awaited U.S. consumer price index data for April which may provide into whether the Federal Reserve's ten interest rate rises in the past year
(Kitco News) - In this challenging economic environment, gold and silver might not be the best safe-haven asset to own, but they might be better than nothing, according to famed investor Stanley Druck
The SPDR Gold Trust GLD was bouncing up about 0.7% higher on Tuesday in tandem with spot gold, which was trading higher by about the same amount.
Gold's near-term trend is reliant on 1,999 support, with potential resistance at 2,102-2,112 if not breached. A rising wedge pattern is emerging in an ascending trend channel.

Silver Remains Relatively Cheap

03:26pm, Tuesday, 09'th May 2023
While gold is trading near all-time high levels, silver is down by almost 50% from its peak that was reached in 2011.
Daniel Hynes, senior commodity strategist at ANZ Banking Group Ltd., discusses the outlook for energy, industrial metals and gold.
(Kitco News) - There is rising demand for gold as banking turmoil intensifies and investors look for a hedge against a "catastrophic scenario," JPMorgan said in a note.
(Kitco News) - Comex gold futures prices are moderately up in midday U.S. trading Monday. Silver prices are near steady.
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