NYSEARCA:DGP

Db Gold Double Long Etn ETF News

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$162.64
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At Close: Jun 03, 2026
Gold is holding firm above US$2,000, as doubts about the strength of the US dollar and the state of the US economy continue to undermine confidence. Is the US going into a recession?

Gold ticks higher ahead of inflation reading

08:01am, Wednesday, 12'th Apr 2023
Gold edged higher Wednesday, extending a stretch above the $2,000 level, as traders awaited the latest reading on the U.S. consumer-price index.

Will Gold Skyrocket After CPI Report?

03:35pm, Tuesday, 11'th Apr 2023
CPI data will have a big impact on gold price dynamics. In the longer term, central bank purchases will stay the key driver for gold markets.
U.S. dollar's pullback provided significant support to precious metals.
(Kitco News) - Gold and silver prices are higher in midday U.S. trading Tuesday, supported by chart-based buying amid bullish technicals.
(Kitco News) - The gold market is holding support at $2,000 an ounce as volatile market expectations once again shift toward the Federal Reserve raising interest rates at least one more time next mont
(Kitco News) - We're on the verge of massive moves for precious metals, bonds and the stock market, but investors who wait for the economic fundamentals to catch up to price action will miss out, acco
(Kitco News) - Gold prices are sharply lower in midday U.S. trading Monday, on some profit-taking pressure from the shorter-term futures traders and as the U.S. dollar index is solidly up today, on a
(Kitco News) - The biggest banking crisis since the Great Financial Crisis of 2008 prompted investors to flee into gold last month, ending ten consecutive months of outflows, according to the latest r
U.S. dollar gained ground as Treasury yields tested new highs. Gold settled below the important $2000 level.
Nicky Shiels, head of metals strategy at MKS PAMP, says if the Fed can't do a good enough job in orchestrating a soft landing for the economy, gold prices could trade upwards of $2,500 an ounce.
Markets brace for a week of key events, including US inflation data and updates on global economic growth.
Gold appears to be well-positioned for a strong pump that could carry it to new all-time high prices in 2023—and beyond.

Gold Is Nearing an All-Time High. Here's Why.

06:45pm, Friday, 07'th Apr 2023
Recession, inflation, and bank concerns, plus some trepidation about the debt ceiling, have driven the price of the yellow metal. As gold rises, so too should gold-mining stocks.
Gold finds support at the 38.2% Fibonacci level, but a drop below the 61.8% retracement level puts breakout at risk.
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