DB Gold Double Long Exchange Traded Notes (DGP)
| Assets | $245.56M |
| 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 | 266,001 |
| Open | 166.91 |
| Previous Close | 162.64 |
| Day's Range | 163.60 - 166.91 |
| 52-Week Low | 96.41 |
| 52-Week High | 252.75 |
| Beta | 0.30 |
| 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 60.00% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.83%.
News
Gold clears $4,500, silver rallies as Hormuz risk premium cools - Kitco AM Report
Spot gold prices are firmer and spot silver prices are sharply higher in early U.S. trading Thursday, as a softer U.S. dollar, weaker crude oil and mixed U.S. equity futures framed the final session b...
Gold breaks $4,440 as U.S.-Iran fighting pressures markets - Kitco PM Report
Spot gold and silver prices are sharply lower after the close Wednesday, as crude oil rallied, Treasury yields rose and renewed U.S.-Iran fighting pressured non-yielding metals.
Indian central bank denies media report of $12 billion gold reserve sales
One day after a bombshell report from Bloomberg claimed the Reserve Bank of India (RBI) sold gold reserves worth roughly $12 billion in the two weeks through May 22, the central bank issued a firm den...
Gold off session lows after ISM Services PMI rises to 54.5 in May
The U.S. service sector improved above expectations last month, according to the latest data from the Institute for Supply Management (ISM).The ISM announced on Wednesday morning that its Services Pur...
Gold, silver fall as oil jumps on U.S.-Iran strikes - Kitco AM Report
Spot gold prices are lower and spot silver prices are sharply lower in early U.S. trading Wednesday, as rising oil prices, a firmer U.S. dollar and renewed U.S.-Iran hostilities offset safe-haven dema...
Gold steadies, silver slips as oil rises on Iran uncertainty - Kitco PM Report
Spot gold prices are near steady and spot silver prices are lower after the close Tuesday, as a stronger U.S. dollar and firmer crude oil offset support from lower Treasury yields.
India's central bank likely sold $12 billion gold reserve in just two weeks to support the rupee – BE report
The Reserve Bank of India likely sold $12 billion of its gold reserves and bought $7.5 billion in foreign currency assets during the two weeks ending May 22, according to a new report from Abhishek Gu...
Gold price is squeezed between 50 and 200 DMA, but 2025 drivers will return stronger once Iran war recedes – Saxo Bank's Hansen
Gold prices declined in May, as the Iran conflict supported yields and the dollar while reducing expectations for rate cuts, but debt concerns, de-dollarization, sticky inflation and steady central ba...
Gold price struggling around $4,500 as U.S. JOLTS shows rise in job openings
The gold market is struggling to hold key near-term support at $4,500 an ounce as the U.S. labor market remains fairly resilient, with the number of available jobs rising more than expected in April.
Gold firms, silver jumps as oil slips on Iran talks - Kitco AM Report
Spot gold prices are firmer and spot silver prices are sharply higher in early U.S. trading Tuesday, as lower oil prices and easing Treasury-yield pressure supported metals while U.S.-Iran headlines k...
Gold prices captive to Iran headlines, silver faces critical test at $70/oz – Heraeus
Gold and silver prices are trapped in the range established earlier in the U.S.-Iran conflict, while high prices and new import duties are impacting key areas of the Asian market, according to preciou...
Silver firms while gold slips on Hormuz uncertainty - Kitco AM Report
Spot gold prices are lower and spot silver prices are firmer in early U.S. trading Monday, as a stronger U.S. dollar and higher oil prices weighed on bullion while silver held a positive session.
Gold rises, silver slips as oil falls on Iran deal hopes - Kitco PM Report
Spot gold prices are higher and spot silver prices are lower after the close Friday, as a sharp monthly drop in crude oil reduced inflation pressure while a firmer U.S. dollar kept silver under pressu...
Gold braces for labor market week as investors eye manufacturing, jobs data
Gold and silver head into the new week with investors focused squarely on the health of the U.S. economy and labor market, as a busy calendar of economic data releases could significantly influence ex...
Silver lags as gold defends $4,514 support - Kitco AM Report
Spot gold prices are higher and spot silver prices are slightly lower in early U.S. trading Friday, as lower crude oil prices and easing Treasury yields supported bullion while silver remained capped ...
Gold rebounds as weak GDP offsets Hormuz risk - Kitco PM Report
Spot gold and silver prices are higher late Thursday, as weaker U.S. growth data and a softer dollar offset inflation pressure tied to the Strait of Hormuz and U.S.-Iran headlines.
Gold pullback puts rate pressure, mining M&A back in focus - Rick Rule
Gold's pullback below $4,500 an ounce has put U.S. interest rates back at the center of the market debate, but Rick Rule believes the more important shift for mining investors is the pressure building...
Gold price finding new support as U.S. New home sales drop 6.2% in April
The gold market is finding some bullish support following disappointing economic growth in the first quarter, and the precious metal could attract further bids after weaker-than-expected U.S. new home...
Gold price bounces off its lows as U.S. economy grows 1.6% in Q1, core PCE rises 3.3%
The gold market has managed to bounce off its session lows but remains under significant selling pressure, even as the U.S. economy continues to cool and inflation pressures remain relatively muted — ...
Gold off session lows after U.S. durable goods rise 7.9% in April
The gold market is rising from session lows below $4,400 per ounce after the latest economic data showed sales of durable goods last month beat expectations.The Commerce Department announced Thursday ...
Gold breaks $4,400 as U.S.-Iran strikes revive oil inflation risk - Kitco AM Report
Spot gold and silver prices are sharply lower in early U.S. trading Thursday, as a firmer U.S. dollar and renewed U.S.-Iran tensions offset support from lower Treasury yields.
Gold tests $4,450 as stocks hit records, oil drops - Kitco PM Report
Spot gold prices are down and spot silver prices are sharply lower after the close Wednesday, as a sharp drop in crude oil and record U.S. equity closes reduced safe-haven demand tied to the Strait of...
Metals drop as Iran deal hopes cut oil, haven bid - Kitco AM Report
Spot gold and silver prices are sharply lower in early U.S. trading Wednesday, as lower oil prices, firmer global equities and reduced safe-haven demand outweighed support from lower Treasury yields.
Metals dip as S&P, Nasdaq hit records on Iran deal hopes - Kitco PM Report
Spot gold prices are lower and spot silver prices are modestly lower after the close Tuesday, as a firmer U.S. dollar and renewed Middle East uncertainty kept bullion under pressure while U.S. equitie...
Gold and silver rally as Hormuz deal hopes sink oil - Kitco AM Report
Spot gold prices are up and spot silver prices are sharply higher in early Monday trading, as a weaker U.S. dollar, lower Treasury-yield expectations and a sharp drop in crude oil prices supported pre...
Gold weakens as U.S.-Iran talks keep oil, rates in focus - Kitco PM Report
Spot gold prices were lower and spot silver prices were also under pressure in late afternoon trading on Friday, as firm Treasury yields, a stronger dollar tone and hawkish Fed inflation language offs...
Metals recover as Iran talks cool oil, Fed minutes cap risk - Kitco PM Report
Spot gold prices are sharply higher and spot silver prices are sharply higher after the close Wednesday, as oil prices fell on U.S.-Iran diplomacy and signs of renewed tanker movement through the Stra...
Gold breaks below $4,540, silver tests $75 as yields rise, Hormuz talks cap oil - Kitco AM Report
Spot gold is down and spot silver is sharply lower in early U.S. trading Tuesday, as higher Treasury yields and a firmer U.S. dollar continued to pressure non-yielding metals. At the time of writing, ...
Gold silver prices firmer but gains remains capped by higher oil prices as Strait of Hormuz remains closed - AM Report
Spot gold and silver prices are firmer in early U.S. trading Monday, with bargain hunting offset by rising oil prices, elevated Treasury yields and the latest U.S.-Iran tension around the Strait of Ho...
Gold firmer but gains remains capped by higher oil prices as Strait of Hormuz remains closed
Spot gold and silver prices are firmer in early U.S. trading Monday, with bargain hunting offset by rising oil prices, elevated Treasury yields and the latest U.S.-Iran tension around the Strait of Ho...
Silver dives below $76, gold tests $4,500 support as Iran risk drives oil, rate fears - Kitco PM Report
Spot gold and silver prices are sharply lower in late U.S. trading Friday, as a stronger dollar, surging Treasury yields and oil-led inflation fears offset defensive demand tied to the Strait of Hormu...
China sees solid ETF inflows and massive PBoC purchases in April amid flat price performance – WGC's Jia
While international and Chinese gold prices ended April essentially unchanged, local ETFs and the country's central bank continued their accumulation even as wholesale demand slid, according to Ray Ji...
This is what's really driving the commodity complex and the precious metals rally – CME Group
Ernest Hoffman is a Crypto and Market Reporter for Kitco News. He has over 15 years of experience as a writer, editor, broadcaster and producer for media, educational and cultural organizations.
Gold jumps above $4,690 as oil tumbles, Wall Street closes at fresh records - Kitco PM Report
Spot gold prices are sharply higher and spot silver prices are also strongly firmer late in North American trading Wednesday, as weaker-than-expected U.S. labor data, a softer oil market and renewed g...
Gold stabilizes as oil eases, equities close at records after mixed U.S. data - Kitco PM Report
Spot gold prices are firmer and spot silver prices are also higher late in North American trading Tuesday, supported by perceived bargain hunting after Monday's sharp selloff as oil prices eased and U...
Gold at session highs after ISM Services PMI falls to 53.6 in April as industries brace for oil shock
Ernest Hoffman is a Crypto and Market Reporter for Kitco News. He has over 15 years of experience as a writer, editor, broadcaster and producer for media, educational and cultural organizations.
Spot gold softer in thin trade as oil rebound, U.S.-Iran uncertainty cloud rate outlook
Spot gold prices are lower and spot silver prices are also weaker in early U.S. trading Monday, pressured by a firmer inflation-risk backdrop as crude oil prices rebounded on renewed Persian Gulf tens...
Gold maintains strong fundamentals despite oil shock
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include cover...
Gold prices could continue to struggle as the focus remains on oil prices and inflation
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include cover...
Silver Price Forecast – War and Energy Security Set Stage for Silver's Next Rally
Silver has corrected sharply from its record high, but as long as the $50 to $60 support zone holds, the broader bullish structure, persistent market deficit, lingering liquidity risk, and stronger de...
US Dollar Price Forecast: DXY Sinks to $98.20 – Is the Greenback's Safe-Haven Run Over?
The US Dollar Index (DXY) breaks channel support as Pakistan peace talks lift risk sentiment. Will EUR/USD and GBP/USD capitalize on the fading safe-haven demand?