NYSEARCA:DGP

Db Gold Double Long Etn ETF News

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$164.80
+2.16 (+1.33%)
At Close: Jun 04, 2026
Copper awaits China's PMI data with bated breath, hoping for signs of economic recovery that could invigorate demand in the crucial market.

It's not easy being gold

05:49pm, Friday, 23'rd Feb 2024
(Kitco News) - Some weeks, it is tough to be a gold investor. Although prices are holding above $2,000 an ounce, the price action is uninspiring for many.
(Kitco News) - With the seasonal boost of the Lunar New Year and Valentine's Day in the rearview mirror, the gold market saw relatively little volatility in the price action this week. Spot gold spent
Gold prices tracked higher this week and are expected to continue making gains in 2024 as interest rates fall in the US and Central Banks abroad continue to buy up the yellow metal as a "safe haven" i
(Kitco News) - While the gold market is ending the week with modest gains, it remains caught in its weeks-long channel as resistance at $2050 an ounce continues to hold.
Demand for gold stays strong despite worries about a less dovish Fed.
Nasdaq's downturn, diverse corporate reports, and Nvidia's volatile market cap stir market uncertainty.
Amid heightened rate hike expectations, Gold's subtle gain showcases its enduring appeal in uncertain financial climates.
(Kitco News) - Central banks have been solid gold buyers for more than a decade; however, their appetite has become insatiable in the last two years as global reserves have risen by more than 1,000 to
Gold bulls did not find sufficient catalysts to push gold above the $2035 level.
Manufacturing PMI signaled the biggest upturn in the sector since September 2022.

Gold Up And Dollar Down As The Fed Stays Firm

09:42am, Thursday, 22'nd Feb 2024
Caution evident from the Fed's minutes against cutting rates too quickly has supported the narrative of ‘higher for longer'.
Amid Federal Reserve's high-rate stance, gold finds footing within the $2,000-$2,050 range, hinting at cautious optimism.
(Kitco News) - The gold market is struggling as expectations for the start of the Federal Reserve's easing cycle continue to be pushed back; however, according to one market strategist, the longer the

FOMC Minutes Show Fed Stays Cautious

02:29pm, Wednesday, 21'st Feb 2024
The central bank is worried that premature rate cuts would lead to a second inflation wave.
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