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 | 33,262 |
| Open | 132.90 |
| Previous Close | 131.61 |
| Day's Range | 132.90 - 134.35 |
| 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 28.16% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.37%.
News
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...
Gold falls as oil spike, higher yields pressure metals - Kitco PM Report
Spot gold and silver prices are sharply lower in late-afternoon U.S. trading Thursday, as rising Treasury yields, a firmer U.S. dollar and a renewed crude-oil spike outweighed safe-haven demand tied t...
Gold, silver drop as ECB pause, claims data lift yields - Kitco AM Report
Spot gold and silver prices are lower ahead of the North American market open Thursday, as rising Treasury yields, a firmer U.S. dollar and another surge in crude oil prices outweighed safe-haven dema...
Gold prices continue to hold key support as ECB leaves interest rates unchanged
The gold market continues to base-build at key long-term support levels even as the European Central Bank takes a neutral stance on monetary policy in the face of persistent inflation threats.
Gold rallies as buyers test $4,160, oil lifts yields - Kitco PM Report
Spot gold and silver prices are higher in late-afternoon U.S. trading Wednesday, as technical buying and defensive demand lifted metals despite higher crude oil prices, firmer Treasury yields and a ch...
Gold is ‘insurance' against currency crisis, inflation overreaction, dollar devaluation – Steve Forbes
Markets have experienced a dollar resurgence more than a decline in the gold price, while the Iran war – and the U.S. reaction to its inflation pressures – make gold essential insurance for investors,...
Gold's long-term investment case is strong, and miners offer greatest upside - VanEck's Casanova
Gold's recent 25% pullback reflects shifting macro conditions, but persistent inflation, geopolitical risks and lower real interest rates should support gold prices, while gold stocks have attractive ...
Gold's long-term investment case is strong, and miners offer greatest upside - Van Eck's Casanova
Gold's recent 25% pullback reflects shifting macro conditions, but persistent inflation, geopolitical risks and lower real interest rates should support gold prices, while gold stocks have attractive ...
Gold rallies above $4,120 as buyers test resistance - Kitco AM Report
Spot gold and silver prices are higher ahead of the North American market open Wednesday, as buyers extended this week's rebound while traders weighed softer recent U.S. inflation data, resilient acti...
Gold rallies as buyers ignore higher yields, oil shock - Kitco PM Report
Spot gold and silver prices are sharply higher in late-afternoon U.S. trading Tuesday, as short covering and renewed haven demand lifted metals despite rising Treasury yields, a firmer U.S. dollar and...
Central bank gold demand has ‘very long runway' as East/West market split returns - Schroders
Asian investors continued to buy gold in June even as their Western counterparts exited positions, while central bank gold demand around the globe will likely rise and will support gold prices for man...
Gold's risk/reward has flipped in investors' favor despite rate hike fears, says Wells Fargo's Samana
Although gold continues to struggle below $4,100 an ounce as investors brace for the possibility of higher interest rates, one market strategist says the precious metal has reached a point where the d...
Gold headed toward $3,500 and silver toward $50 before the next run, Chambers says
The veteran investor who warned in May that the metals selloff had further to run says the bottom is now close, and that he plans to start buying again this year.
Gold rebounds as $4,000 support holds, silver leads metals higher - Kitco AM Report
Spot gold and silver prices are higher ahead of the North American market open Tuesday, as short covering lifted precious metals after last week's selloff while Treasury yields, the U.S. dollar and cr...
Gold, silver firm as equities slip and Hormuz risk supports oil - Kitco PM Report
Spot gold and silver prices are modestly higher in late-afternoon U.S. trading Monday, as short covering helped metals stabilize after last week's selloff, while higher Treasury yields, a firmer U.S. ...
Gold is oversold, the debasement trade is still on, and the pressure is building – Sprott's Paul Wong
Gold is massively oversold by every meaningful metric and is likely to set a cyclical bottom before September, while currency debasement is the fundamental driver that will push gold to its next all-t...