NYSEARCA:DGP

Db Gold Double Long Etn ETF News

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$162.64
-2.82 (-1.70%)
At Close: Jun 03, 2026
(Kitco News) - The gold market appears to be at a critical juncture that could determine whether prices are headed back to all-time highs or falling into a new long-term bear market, according to one
(Kitco News) - Gold and silver prices are solidly lower in midday U.S. trading Thursday. Gold hit a seven-week low and silver is poised to close at a seven-week low close.
The pullback in Treasury yields did not provide any support to precious metals in today's trading session.
The initial market reaction shows that traders are worried that Fed will be more hawkish than previously expected.
Platinum managed to climb above the $950 level as the rebound continued.
Platinum markets gained strong upside momentum and tested the resistance level at $940.

Gold weaker amid bearish outside markets

12:14pm, Tuesday, 21'st Feb 2023
(Kitco News) - Gold prices are modestly lower and silver slightly firmer in midday U.S. trading Tuesday.
While the data came in better-than-expected, the manufacturing sector remains in contraction territory.

Existing Home Sales Drop To Multi-Year Lows

10:20am, Tuesday, 21'st Feb 2023
High interest rates put significant pressure on the housing market.
Gold prices declined on Tuesday as U.S. traders returned from a three-day weekend after the yellow metal finished in the red for the third straight week amid expectations for more interest-rate hikes
Platinum markets are trying to rebound after the multi-week pullback.
The price of gold stopped just short of hitting $1,960 an ounce last Thursday, its highest level since April 2022, before plunging below $1,900 on Friday following a stronger-than-expected U.S. jobs r

Investing in gold is a long-term play

05:39pm, Friday, 17'th Feb 2023
(Kitco News) - Headwinds blowing in the gold market continue to strengthen as bond yields rise in anticipation that the Federal Reserve will have to maintain its aggressive monetary policy.
(Kitco News) - Gold is down for the fourth week in a row as markets are worried about how aggressive the Federal Reserve will have to be to bring inflation down to 2%.
Precious metals found support at multi-month lows and are trying to gain upside momentum ahead of the weekend.
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