NYSEARCA:DGP

Db Gold Double Long Etn ETF News

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At Close: Jun 04, 2026
The price of gold hit a record high this week. While support for the rally may be fading, the yellow metal could still gain.
PCE inflation gauge rose 2.8% annually in February as forecast, reflecting stable income and spending trends.
PCE report impact and inflation rise complicate Fed's strategy, prompting cautious market optimism and strategic adjustments.
With gold nearing record highs and silver on the rise, market eyes turn to Fed's Powell and Daly for rate cut signals, potentially igniting a buying frenzy.

What's driving gold's rally to record highs?

07:59pm, Thursday, 28'th Mar 2024
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(Kitco News) - The gold market continues to be an unstoppable juggernaut as it closes out the month and quarter near a record high, solidly above $2,200 an ounce.
(Kitco News) - A recent publication from the World Bank includes one of the most concise and compelling explanations of central bank dedollarization and gold purchases to date.

Gold Chart Continues to Glisten

01:50pm, Thursday, 28'th Mar 2024
The new standard for Gold's chart? All-time highs!
Demand for gold stays strong despite rising Treasury yields.
(Kitco News) - The gold market is holding its gains above $2,200 per ounce after the latest data showed the U.S. economy performing far better than expected in the final three months of 2023.
As gold flirts with $2200 ahead of critical Fed insights, market eyes turn to U.S. PCE data for future direction.

Why are gold and miners not moving in sync?

06:28pm, Wednesday, 27'th Mar 2024
Michael Bapis, Vios at Rockefeller Global Family Office, joins 'Fast Money' to discuss gold's rally as it hit another record high today.
(Kitco News) – Larry Fink has turned heads over the past two years by going all-in on Bitcoin, with the BlackRock CEO spearheading his company's launch of the most successful spot Bitcoin ETF to dat
Gold traders remain bullish as central bank demand stays strong.
(Kitco News) – Sovereign gold reserves continue to play an important part in the economic health and stability of many countries, according to a recent article by researcher and journalist Manuel Fr
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