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 looked on course to hold onto gains for the week as fears over escalations in the Middle East persisted, despite US rate cut expectations being cut. As of Friday, the yellow metal sat at US$2,650
The ASX 200 slid as mining stocks fell, while the Hang Seng Index climbed on hopes of Chinese policy support, showcasing a resilient Asian market amid global unrest.
Gold and silver are poised for a significant breakout ahead of the US jobs report as the US Dollar reaches resistance.
Geopolitical tensions provide material support to gold markets.
The services activity has increased in each of the past 20 months.

Gold Edges Higher in Likely Technical Recovery

08:24pm, Wednesday, 02'nd Oct 2024
Gold edged higher in early Asian trade in a likely technical recovery.
Rising Treasury yields put additional pressure on gold markets.
Daniel Ghali, a commodities analyst at TD Securities, highlights the growing likelihood of a direct military confrontation between Iran and Israel as a driving factor for the influx of safe-haven inve

Gold Edges Lower; Volatile Trade Likely

08:26pm, Tuesday, 01'st Oct 2024
Gold edged lower in early Asian trade. Prices were higher recently amid rising geopolitical tensions in the Middle East.
Gold's record-breaking surge continues, with the precious commodity now up close to 40% over one year, outpacing the stock market's benchmark, which gained 32% over the same time. As gold ETFs and sev
Gold gained more than 1% as demand for safe-haven assets increased.
Prices of oil, gold and shares in defence companies jumped but most stock-market benchmarks tumbled, as financial markets reacted to US reports that Iran is preparing to launch an attack on Israel.�
PMI reports indicated that manufacturing sector remained under pressure.
Powell signals smaller rate cuts ahead, with markets eyeing Friday's jobs report for clues. Traders brace for volatility across stocks, bonds, and gold.
Gold edged higher in early Asian trade and remains near last week's record highs, FlowCommunity said.
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