NYSEARCA:DGP

Db Gold Double Long Etn ETF News

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$164.80
+2.16 (+1.33%)
At Close: Jun 04, 2026

This is a golden time to buy gold stocks

09:30am, Wednesday, 20'th Dec 2023
The expectation for peak interest rates and the eventual loosening of Federal Open Market Committee (FOMC) policy sent gold into a rally beginning in October. That rally was fueled by softening inflat
Gold prices remain steady as market bets lean towards a 67.5% chance of a Fed rate cut by March, highlighting optimism in the financial markets.
A decisive move above 2,048 not only confirms daily strength but triggers a significant weekly bullish reversal, hinting at accelerated upward potential.
Gold traders stay bullish as Treasury yields keep moving lower.
Copper's price rise to $3.88, buoyed by 0.3%, reflects the broader market reaction to China's monetary stimulus and its global economic implications.
Gold traders remain bullish as Fed is expected to start cutting rates in the first half of 2024.
Gold maintains a cautious uptrend, with key resistance levels ahead, while silver shows positive movement, trading above the 50 EMA, indicating a bullish trend in the current market.

Gold Outlook for 2024

11:04am, Sunday, 17'th Dec 2023
As we look toward 2024, the gold markets could be one of the more interesting places to be. We have seen a very bullish 2023, and at this point in time, it's very possible that we could see 2024 show

Gold has unlimited potential in 2024

05:43pm, Friday, 15'th Dec 2023
(Kitco News) - 2023 is quickly coming to a close, which means that Kitco News has launched its annual outlook series. For the last few weeks, the news team has been collecting bank reports, talking to
Precious metals are losing ground as U.S. dollar rebounds after the recent sell-off.

Composite PMI Exceeds Analyst Expectations

10:12am, Friday, 15'th Dec 2023
The manufacturing sector remains under pressure as factories reduce production.
Gold prices have risen, driven by the Federal Reserve's dovish signals, with spot gold stabilizing above $2,036, despite remaining below its monthly peak.
Gold's ascent faces hurdles as it tests resistance and grapples with short-term weakness, highlighting the delicate balance between bullish momentum and potential retracement.

Will Gold Reach a New Record High in 2024?

09:40am, Thursday, 14'th Dec 2023
Gold is valued for its performance during crises, its role as a long-term store of value and hedge against inflation, its effectiveness as a portfolio diversifier, and its absence of default risk and
Gold stages a powerful bullish reversal, defying a false bearish signal, fueled by the Federal Reserve's easing stance, raising expectations for a potential breakout to new highs.
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