DB Gold Double Long Exchange Traded Notes (DGP)
| Assets | $193.63M |
| Expense Ratio | 0.75% |
| PE Ratio | n/a |
| Shares Out | 1.65M |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Ex-Dividend Date | n/a |
| Payout Frequency | n/a |
| Payout Ratio | n/a |
| Volume | 134,485 |
| Open | 151.37 |
| Previous Close | 143.98 |
| Day's Range | 149.32 - 151.87 |
| 52-Week Low | 99.75 |
| 52-Week High | 252.75 |
| Beta | 0.35 |
| Holdings | n/a |
| Inception Date | Feb 27, 2008 |
About DGP
Fund Home PageThe DB Gold Double Long Exchange Traded Notes (DGP) is an exchange-traded note that mostly invests in gold commodities. The fund provides 2x the daily performance of futures contracts relating to gold. The notes index selects contracts based on the shape of the futures curve to minimize contango. DGP was launched on Feb 27, 2008 and is issued by DB.
Performance
DGP had a total return of 45.28% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.20%.
News
Gold, silver rally as yields fall after surprise jobs loss - Kitco AM Report
Spot gold and silver prices are sharply higher in early U.S. trading Friday, as a surprise decline in July payrolls pulled Treasury yields lower and reduced near-term Fed hike expectations.
Gold (XAU/USD) & Silver Price Forecast: Gold Holds Above $4,250 Ahead of U.S. Payrolls
Gold (XAU/USD) & Silver Price Forecast: Gold holds above $4,250 while silver remains near multi-year highs as traders await Friday's U.S. Nonfarm Payrolls report for fresh Fed policy clues.
Investors take profits in gold and silver as oil, yields rise after Hormuz deal doubts - Kitco PM Report
Spot gold and silver prices were weaker in late U.S. trading Thursday, as rising oil prices, firmer Treasury yields and a stronger U.S. dollar prompted investors to take some profits after Wednesday's...
Gold's rally is about a growing lack of investor confidence; silver could offer bigger gains says MarketGauge's Schneider
Gold's rally above $4,200 signals more than a shift in inflation expectations or global monetary policy; it reflects growing investor doubts that policymakers can keep the global economy on stable foo...
Gold market sees positive ETF inflows in July, ending two months of outflows
The gold market has seen a solid breakout, with prices pushing back above $4,200. However, signs of renewed investor interest began to emerge in July as investors slowly returned to gold-backed exchan...
Gold prices trading near session highs as ISM Services PMI increases 54.1
The gold market is holding near session highs above $4,200 an ounce as the U.S. service sector loses momentum, driving fears of a potential economic slowdown that could force the Federal Reserve to ab...
Gold steadies as claims beat, Hormuz talks trim haven bid - Kitco AM Report
Spot gold prices are firmer but spot silver prices are weaker in early U.S. trading Thursday, as softer labor-market momentum and lower Treasury yields offset a firmer U.S. dollar and a reduced geopol...
Gold price holding above $4,200 as U.S. jobless claims remain below 200k
Although gold prices have retreated from their overnight high above $4,300 an ounce, the market is holding solid support above $4,200 an ounce even as the U.S. labor market continues to show resilienc...
Gold price hits highest level since June on weak payrolls data and Hormuz deal hopes
Gold is hovering around seven-week highs and enters its fourth consecutive winning session. A weaker ADP report reduces the chances of a Fed rate hike in September, which would provide some relief for...
Gold's rally has further to run as debt, de-dollarization fuel secular bull market: Gabelli's Mancini
Gold is attracting renewed investor interest as prices climbed above $4,250 an ounce on Wednesday, marking a seven-week high. While the precious metal still faces short-term headwinds from monetary po...
Gold pushes toward $4,200 as soft ADP cools Fed-hike bets - Kitco AM Report
Spot gold and silver prices are sharply higher in early U.S. trading Wednesday, as softer labor-market data, lower energy inflation risk and a softer U.S. dollar reduced pressure from the Fed's hawkis...
Gold prices push above $4,200 as ADP says 44k jobs created in July
The gold market is adding to its overnight gains, pushing to session highs above $4,200 an ounce as the U.S. economy created fewer private-sector jobs than expected in July, according to private-secto...
Gold can recover despite higher real yields as rate pressures ease, says Jefferies
Gold prices have been chained to $4,000 an ounce as persistent inflation forces markets to price in rate hikes, raising the opportunity cost of holding a non-yielding asset.
Gold price catching a bid as JOLTS job openings drop to 7.36 million
The gold market continues to hold on to solid gains and could attract a new bid as the U.S. labor market continues to show signs of cooling, with the number of jobs available dropping more than expect...
Gold firms as Fed uncertainty, China ETF demand offset yield pressure - Kitco AM Report
Spot gold prices are modestly firmer and spot silver prices are sharply higher in early U.S. trading Tuesday, as traders balanced a dollar rebound, rising Treasury yields, firm U.S. activity data and ...
Gold revaluation would pay Washington, not private holders, historian says
America's gold is still valued at $42.22 an ounce on the federal books, more than $1 trillion below market. The fund built from the last revaluation was buying yen on Friday.
Gold steadies as oil slump cools inflation pressure, equities rally - Kitco PM Report
Spot gold and silver prices are higher in late U.S. trading Monday, as a sharp drop in crude oil and lower Treasury yields offset reduced safe-haven demand tied to tentative U.S.-Iran diplomacy.
Gold's $4,000 floor offers compelling value as investors look beyond Fed rhetoric – abrdn's Robert Minter
The gold market's months-long correction has created an attractive entry point for long-term investors, according to one market strategist, who says the metal's ability to hold support around $4,000 a...
Gold remains vulnerable despite months-long correction as macro risk premium lingers; silver faces weaker industrial outlook – Sucden
The gold market remains stuck in neutral around $4,000 an ounce, and one international brokerage firm expects prices to remain rangebound through the third quarter, even as resilient economic growth a...
Gold prices remain stuck near $4,000 as ISM Manufacturing PMI hit four-year high
The gold market has been unable to break its gravity with the $4,000 level, and according to some analysts, better-than-expected manufacturing data could put more pressure on the yellow metal as it gi...
Gold is stuck but miners are generating bags of cash
Gold's months-long correction appears to be nearing its end, but prices continue to consolidate near critical support around $4,000 an ounce. The market remains caught between gold's traditional role ...
Gold has value at $4,000 as investors look beyond Fed hawkishness
Although gold prices remain stuck below $4,100 an ounce, analysts are starting to see a shift in sentiment in the marketplace, and support at $4,000 is increasingly being recognized as an attractive v...
Gold, silver retreat as dollar strength caps post-Fed rebound - Kitco AM Report
Spot gold and silver prices are lower ahead of the North American market open Friday, as a firmer U.S. dollar, elevated Treasury yields and renewed oil strength pressured precious metals after Thursda...
Gold holds above $4,100 as softer PCE offsets hawkish Fed - Kitco PM Report
Spot gold and silver prices are higher in late-afternoon U.S. trading Thursday, as softer June PCE inflation and a weaker U.S. dollar helped metals rebound after Wednesday's hawkish Fed hold. At the t...
Gold demand proves resilient despite Q2 selloff as central banks return and Asian buying remains strong - WGC
The gold market continues to search for its footing following the sharp drop in the second quarter, its biggest quarterly decline in a decade.
Gold and silver options now trading on Binance crypto platform
Binance, the world's largest and most liquid digital assets exchange, has added U.S. dollar-denominated precious metals options to its commodity product suite.“Commodity Options are now live: USDT- se...
Gold steadies as GDP, PCE keep Fed-rate risk alive - Kitco AM Report
Spot gold prices are near unchanged and spot silver prices are slightly softer ahead of the North American market open Thursday, as traders digested Wednesday's Fed hold, this morning's U.S. GDP and P...
Gold prices remain stuck as U.S. weekly jobless claims remain below 200k
The gold market continues to consolidate near the lower end of its recent range, holding support above $4,000 an ounce even as the U.S. labor market remains fairly resilient, with the number of people...
Gold, silver firm as Fed hold, Hormuz oil spike hit equities - Kitco PM Report
Spot gold and silver prices are modestly higher in late-afternoon U.S. trading Wednesday, as the Federal Reserve held interest rates steady while rising oil prices, firm Treasury yields and a sharp eq...
Gold and silver likely stuck in current range, markets overstate chances of Fed rate hikes – StoneX
While the Federal Reserve is likely to maintain its hawkish tone, the market's rate hike expectations are too high given the data, while gold and silver prices will probably remain rangebound with a d...
Gold Price Analysis – Gold Holds Above $4,000 Floor Ahead of Fed Decision
The gold market continues to sit just above a major round figure, as we are heading into the Wednesday session, which will feature the Federal Reserve interest rate decision.
Gold holds above $4,000 as Fed decision keeps traders defensive - Kitco AM Report
Spot gold prices are modestly lower and spot silver prices are slightly higher ahead of the North American market open Wednesday, as traders kept positioning tight before the Federal Reserve's rate an...
Gold, silver slide as buyers stay sidelined ahead of the Fed - Kitco PM Report
Spot gold and silver prices are lower in late-afternoon U.S. trading Tuesday, as sellers kept pressure on precious metals ahead of Wednesday's Federal Reserve decision even as Treasury yields and crud...
Mining equities lag metals rally as tech crowding, war risk weigh on juniors | John Feneck
Mining equities remain under pressure despite gold, silver and copper holding key levels, leaving investors to decide whether the sector's sharp pullback is a warning sign or a bull-market correction,...
Gold, silver slide as rate-hike risk caps haven demand - Kitco AM Report
Spot gold and silver prices are lower ahead of the North American market open Tuesday, as a firmer U.S. dollar, elevated Treasury yields and caution before this week's Federal Reserve decision pressur...
China is buying every dip and the 'reset' is already here, Middelkoop says
The "Big Reset" author says China favors a lower gold price so it can keep accumulating, that gold's monetary role is returning quietly through central-bank books, and that silver is headed to $500.
Gold continues to hold $4,000 as U.S.-Iran pause pressures crude oil
Spot gold and silver prices were firmer in late-afternoon U.S. trading Monday as lower oil prices eased the inflation impulse from the U.S.-Iran conflict, while positioning remained cautious ahead of ...
Gold's next $1,000 move is likely higher as Fed hawkishness peaks, says State Street's Doshi
Gold prices are expected to consolidate around $4,000 an ounce through the rest of the summer as markets wait for clearer guidance from the Federal Reserve on the direction of its monetary policy for ...
Gold, silver rise as oil slides on U.S.-Iran pause
(Kitco NewWire) - Spot gold and silver prices are higher in early U.S. trading Monday, as a sharp retreat in crude oil reduced immediate inflation pressure while investors positioned for this week's F...
Gold remains stuck below $4,100 even as U.S. durable goods shows weak manufacturing activity
The gold market continues to struggle to attract a consistent safe-haven bid even as the U.S. manufacturing sector rises at a slower pace than expected.
Gold holds near $4,050 as equities diverge, oil falls - Kitco PM Report
Spot gold and silver prices are modestly higher in late-afternoon U.S. trading Friday, as crude oil pulled back from Thursday's spike, Treasury yields eased and the U.S. dollar held near recent highs....
Gold continues to hold $4,000, which could signal an inflection point, analysts say
Gold has managed to hold critical support near $4,000 an ounce for the past five consecutive weeks, and although significant downside risks remain, some analysts see growing potential for a bullish sh...
Gold stuck in neutral as S&P Global highlights healthy US PMI activity
The gold market continues to hold support above $4,000 an ounce but has been unable to attract any sustained bullish momentum as the U.S. economy remains fairly resilient, according to preliminary dat...
Gold holds above $4,020 as Fed-rate risk caps rebound - Kitco AM Report
Spot gold and silver prices are higher ahead of the North American market open Friday, as precious metals steadied after Thursday's selloff while traders weighed a stronger U.S. labor-market signal, t...