NYSEARCA:DGP

Db Gold Double Long Etn ETF News

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$162.64
-2.82 (-1.70%)
At Close: Jun 03, 2026
Gold retreats from $3,400 as dollar strength limits demand, while silver gains modestly on safe-haven flows and Fed easing expectations.
Gold and silver trade in tight ranges as traders await U.S. PCE inflation data. A breakout above $3,380 in gold or $39 in silver could spark bullish momentum.
Gold (XAUUSD) and silver rallied on political turmoil and weak US data, as safe-haven demand increased, rate cut bets increased, and bearish dollar signals supported further upside in precious metals.
Ernest Hoffman is a Crypto and Market Reporter for Kitco News. He has over 15 years of experience as a writer, editor, broadcaster and producer for media, educational and cultural organizations.
Rising Treasury yields did not put pressure on gold markets.
Gold is a haven asset with virtues that confound standard financial modelling
The natural gas market has bounced ever so slightly in the early part of the Thursday session, but still looks very weak, as we are still in a huge downtrend at this point in time.
Fed believes that domestic businesses and consumers predominantly bear the tariff costs.
Jeremy Szafron joins Kitco News as an anchor and producer from Kitco's Vancouver bureau.  Jeremy is a seasoned journalist with a diverse background covering entertainment, current affairs and finance
With CPI easing but PPI spiking, Powell's Aug. 23 Jackson Hole speech lands as markets reassess a September cut. Tariff pass-through risks and softening jobs strain the Fed's dual mandate.
The report indicated that buyers are waiting for lower mortgage rates.

Central Bank Buying to Buoy Gold & Silver Prices

09:37am, Thursday, 14'th Aug 2025
Central banks' willingness to buy more precious metals should help buoy prices for both gold and silver. Around the globe, central banks continue to quench their thirst for both, providing investment
Gold markets test weekly lows as imports of gold bars will not face U.S. tariffs.
Gold and silver hold key supports as traders await U.S. CPI data and Fed policy signals that could trigger breakout moves in precious metals markets.
Gold slips from 2-week high as profit-taking and a stronger dollar weigh, while silver holds gains on bullish momentum ahead of Fed rate cut signals.
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