NYSEARCA:DGP

Db Gold Double Long Etn ETF News

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$164.80
+2.16 (+1.33%)
At Close: Jun 04, 2026
Amid rate hike concerns, gold hovers between $2,000-$2,050, while Goldman Sachs upholds a bullish $2,175 target, highlighting geopolitical dynamics.
(Kitco News) - Gold set new all-time highs in nearly all of the world's currencies in 2023, and the yellow metal has continued to peak on many price charts in the new year. Even with its recent pullba
Gold markets lack momentum as traders wait for catalysts.
(Kitco News) - The first month of 2024 saw a continuation of 2023's outflows from gold ETFs led by North America, with European funds continuing to see heavy losses while Asia saw another monthly infl
(Kitco News) - The Fed's rate hold was bearish for gold, but central bank interest will continue to support prices in 2024, while silver demand from solar is likely to exceed forecasts once again, acc
The gold market is struggling to find some bullish momentum after the U.S. central bank significantly pushed back on expectations of an aggressive easing cycle kicking off in March. However, one Canad
Gold and silver prices are solidly lower in midday U.S. trading Monday, as the key “outside markets” are in bearish daily postures for the precious metals: the U.S. dollar index is firmly higher a
As Fed tightens its grip, gold plunges below $2,050, signaling a shift in market expectations. Copper rises amidst global supply concerns.
As interest rates dip, gold becomes more appealing compared to alternative investments like bonds.

A New Driver Of Gold?

10:55am, Saturday, 03'rd Feb 2024
The American consumer did it again. A new report by BMO Capital Markets suggests that the price of gold is no longer being driven by real interest rates.
Precious metals are under pressure as traders focus on strong dollar and rising Treasury yields.

Gold Shines as the US Economy Slows

05:22am, Friday, 02'nd Feb 2024
Gold reached a two-week high against the US dollar on Thursday 1 February as traders digested mostly less strong economic data from the USA recently.
Gold demand hit record highs in 2023 on the back of persistent geopolitical tensions and continued weakness in China's economy, the World Gold Council said.
U.S. dollar's pullback provided additional support to precious metals markets.
Despite dovish Fed signals, metals like gold, silver, and copper witness a downturn, as market eyes pivot towards potential May rate adjustments.
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