NYSEARCA:DGP

Db Gold Double Long Etn ETF News

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$164.80
+2.16 (+1.33%)
At Close: Jun 04, 2026
Demand for precious metals is rising as traders focus on falling yields.
The report showed that labor market remained in decent shape ahead of the Fed decision, which will be released tomorrow.
Gold markets pulled back as U.S. dollar tested new highs.
The new orders index declined, highlighting the pullback in demand.
Long-run inflation expectations remain unchanged at 3.0%.
The disappointing U.S. Manufacturing PMI report provided support to gold markets.
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.
Gold markets are trying to rebound after the recent pullback.
The median existing-home price reached all-time high levels.
Silver and platinum are also losing ground amid broad pullback in precious metals markets.
Gold gained strong downside momentum after a successful test of the support at $2445 – $2450.
South Africa has had one of the largest economies in Africa for decades. This country is a major exporter of natural resources such as minerals, precious metals, and agricultural products.
Gold traders continue to take profits near historic highs.
Gold traders ignored U.S. dollar's pullback and focused on profit-taking.
Gold traders prepare for the start of the Fed rate cut cycle.
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