NYSEARCA:DGP

Db Gold Double Long Etn ETF News

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$162.64
-2.82 (-1.70%)
At Close: Jun 03, 2026
China's services PMI slumps to 50.7, pressuring Beijing to unveil fresh stimulus measures. CSI 300 and Hang Seng gain on post-holiday optimism.
Gold had probably finished its active phase of accumulation and has a chance of locking in a consolidation, here's why
The report showed that the manufacturing sector remained under pressure.
China's manufacturing shows resilience, yet tariffs weigh on trade, pricing, and hiring decisions.
Gold markets are moving lower as demand for safe-haven assets declines.
Gold nears $3,300 as dollar gains; silver eyes breakout above $33.27. Fed rate cut bets offer support amid risk-on sentiment.
Hang Seng Index steadies on US-China tariff news, with Alibaba and JD.com driving tech gains amid trade policy uncertainty.
U.S. Dollar Index tested session lows as traders reacted to the report.
Gold finds support at $3,260, while silver continues to show strength above $30 and prepares for the next rally.

The New Gold Story: Who's Buying, and Why

08:33am, Sunday, 27'th Apr 2025
By Christopher Gannatti, CFA, Global Head of Research Key Takeaways In 2024, central banks bought over 1,000 metric tons of gold, for the third year in a row, signaling a strategic shift amid rising g
Asian stock markets rallied on US-China trade relief, Chinese stimulus, and Wall Street gains, with tech and EV stocks driving Hang Seng momentum.
Silver and platinum markets are also moving lower ahead of the weekend.
Year-ahead inflation expectations jumped from 5.0% in March to 6.5% in April.
Gold has rebounded from $3,260 and is consolidating as it awaits the next direction, while silver remains bullish following a strong correction in the gold-silver ratio.
Gold (XAUUSD) rebounded on Thursday after tumbling yesterday from a record high, as investors kept close tabs on developments related to tariffs and the economic outlook.
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