NYSEARCA:DGP

Db Gold Double Long Etn ETF News

etoro logo Buy DGP
*Your capital is at risk
$164.80
+2.16 (+1.33%)
At Close: Jun 04, 2026
The spot price of gold ticked 1% higher to $2,324.56 per ounce as of 1:40 p.m. ET Monday as markets continued to digest last week's economic news from the latest jobs report to the decision from the F
Gold markets are losing ground as traders focus on recent comments from Fed Chair Powell.

AI predicts Gold price for May 31, 2024

10:57am, Thursday, 02'nd May 2024
Gold has found its spot in many headlines in recent weeks thanks to its near-continuous surging to record highs – including rising to finish April at its highest-ever end-of-month price at about $2,
Fed noted that there has been a lack of progress towards its 2% inflation target in recent months.
The Federal Reserve's response to persistent inflation remains uncertain as it convenes today at 18:00 GMT, with expectations mixed,
Traders are worried that Powell would be hawkish tomorrow.
Falling Treasury yields provided additional support to gold markets.
The report indicated that wage pressures picked up, while price pressures declined.
It has been an interesting week for gold and silver. After seeing two months of impressive gains, the precious metals started the week under significant selling pressure and, in two days, fell more th
Gold is trying to gain upside momentum despite rising Treasury yields.
Silver is down by 5.2% as traders rush to take profits near yearly highs.
With Big Tech on deck, market watchers eye potential for a robust recovery driven by next week's earnings.
Demand for gold stays strong as traders remain focused on rising tensions in the Middle East.
Investors can't seem to get enough of commodities or the companies that mine them lately. That's no surprise given the bullish news on the geopolitical, inflation, and supply/demand fronts.
Rising geopolitical tensions provide significant support to gold markets.
Click to get the best stock tips daily for free!

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE