NYSEARCA:DGP

Db Gold Double Long Etn ETF News

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$162.64
-2.82 (-1.70%)
At Close: Jun 03, 2026
After a brief pullback, we expect gold to rally and breakout above $2000 in the second or third quarter.
Weaker dollar and lower Treasury yields did not provide support to precious metals.
(Kitco News) - Global gold-backed exchange-traded funds continued to struggle in January even as the precious metal saw its best start to the year in a decade, with prices rising more than 6%, accordi

Gold And Copper Look Well-Positioned In 2023

11:03am, Thursday, 09'th Feb 2023
The yellow metal rose 5.72% in January, compared to 8.39% in the same month eight years ago.
(Kitco News) - Gold's correction below $1,900 after its best start to the year in a decade might not be over, as one market strategist warns that the precious metal is still overpriced.
Traders focus on the comments from Fed's Williams, who shared his views on the peak rate in 2023.
Treasury yields pulled back from recent highs, providing additional support to precious metals.
The goods and services trade deficit in the United States came in at $67.4 bill in December, increasing by $6.4 billion in comparison to October's revised
(Kitco News) - The gold market, while off its recent lows, remains below $1,900 and is seeing little reaction to statements from Bank of America that it is preparing for the U.S. government to possibl
Higher Treasury yields serve as an additional bearish catalyst for precious metals.
(Kitco News) - Gold prices are modestly up and silver prices a bit weaker in midday U.S. trading Monday.
(Kitco News) - The gold market saw significant losses Friday as the precious metal dropped $50 on the day following a shockingly solid employment report out of the U.S.
The surprising U.S. Non Farm Payrolls report triggered a strong sell-off in precious metals markets.
We believe gold is in the second inning of a nine-inning advance that should take prices to new all-time highs in 2024.

Gold steadies near 9-month high

07:36am, Friday, 03'rd Feb 2023
Gold futures steadied Friday, looking for direction as they hovered near a nine-month high.
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