NYSEARCA:DGP

Db Gold Double Long Etn ETF News

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$162.64
-2.82 (-1.70%)
At Close: Jun 03, 2026
Lower Treasury yields did not provide support to precious metals markets as traders focused on the rebound of the American currency.
(Kitco News) - Gold prices are lower and silver well down from its daily high in midday U.S. trading Thursday.
Gold prices advanced on Thursday to the highest level for a most-active contract in more than nine months as investors bet that the Federal Reserve would soon conclude its campaign of interest-rate hi
“Given our outlook, I don't see us cutting rates this year, if our outlook comes true,” the Fed chair said.

Gold demand surges most since 2011

02:11pm, Wednesday, 01'st Feb 2023
The World Gold Council revealed that demand for gold hit highs last year not seen since 2011 helped by central bank tightening cycles, including the Federal Reserve's.
Traders reduce their risks as they fear that Fed may be more hawkish than expected.
U.S. dollar's pullback provided support to precious metals. Traders stay nervous ahead of tomorrow's Fed decision.
Markets are choppy as traders prepare for the Fed decision, which will be released tomorrow.
(Kitco News) - Gold has rallied over the past three months up 17.7 percent over 3 months, and is up over 5 percent year-to-date.
(Kitco News) - Gold prices are modestly down and silver slightly up in midday U.S. trading Monday.
Traders are not ready for big moves as they prepare for the key event of the week.

The gold bull is looking a little tired

04:41pm, Friday, 27'th Jan 2023
(Kitco News) - After two months of solid gains, it looks like the gold's bull run is running out of steam. While some may be disappointed that the market is hitting resistance before a run to $2,000,
(Kitco News) - The gold market has managed to eke out another gain for the week for the sixth consecutive time; however, sentiment, specifically among Wall Street analysts, has turned bearish as they
Silver found itself under strong pressure after facing strong resistance near the $24.00 level.
(Kitco News) - Gold prices ticked higher as the U.S. pending home sales beat expectations in December.
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