DB Gold Double Long Exchange Traded Notes (DGP)
| Assets | $104.21M |
| Expense Ratio | 0.75% |
| PE Ratio | n/a |
| Shares Out | n/a |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Ex-Dividend Date | n/a |
| Payout Ratio | n/a |
| 1-Year Return | +36.30% |
| Volume | 327 |
| Open | 57.50 |
| Previous Close | 56.41 |
| Day's Range | 57.32 - 58.26 |
| 52-Week Low | 34.56 |
| 52-Week High | 59.39 |
| Beta | n/a |
| 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 fund 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.
News
The story behind the surge in silver, copper, and gold
Copper (HG=F) and Silver (SI=F) have both risen to new highs as demand increases for these metals, while Gold (GC=F) also rises as China's Ministry of Finance proceeds with a stimulus plan involving t...
Multiple catalysts are supporting higher metals prices
Last week, I called to your attention to both silver and the miners being in the process of leading gold higher. This indeed was setting up the gold price for a weekly close above $2400 this week, whi...
Gold/silver: how to prepare for a commodity supercycle?
Precious Metals caught fire this week after several events set off another "this is it moment." Despite Fed officials suggesting that interest rates should stay higher for longer, economic cracks are ...
Gold Roundup For May 16: Price Falls as Fed Speakers Suggest Rate Cuts May Not Come Soon
The spot price of gold was 0.4% lower at $2,376.96 per ounce as of 5 p.m. ET Thursday, putting the brakes on a rally earlier in the week driven by economic data suggesting the Federal Reserve could be...
Gold Price on May 15: Rate Rises as Consumer Inflation Cools
The spot price of gold was up 1.3% to $2,387.97 per ounce as of 4:30 p.m. ET Wednesday, after a report showed consumer inflation slowed in April, lifting hopes the Federal Reserve may cut interest rat...
Gold, silver, platinum prices rise as US inflation cools
The prices of precious metals saw an uptick on Wednesday as investors responded to the latest inflation figures from the United States. The annual inflation rate in April slowed to 3.4%, slightly belo...
Gold Price May 14: Rate Climbs as Fed Chair Powell Calls for ‘Patience' on Rate Cuts
The price of spot gold was up 0.9% at $2,357.98 per ounce as of 5 p.m. ET Tuesday after a report showed wholesale inflation rose more than expected in April and Federal Reserve Chair Jerome Powell cal...
Gold Price on May 13: Rate Slips Amid Concerns About Inflation
The spot price of gold reversed two days of gains, dropping about 1.1% to $2,335.53 per ounce as of 4:30 p.m. ET Monday amid concerns about inflation and the potential impact it could have on the Fede...
Gold Price on May 10: Rate Advances Amid Optimism of a Fed Rate Cut
The spot gold price was 0.8% higher at $2,364.27 per ounce as of 12:40 p.m. ET Friday, continuing gains following Thursday's report showing higher-than-expected weekly jobless claims for the latest we...
If inflation picks up, so will the price of gold, analyst says
Gold (GC=F) has seen quite the run in 2024 and is set for its best week since early April. The commodity is often viewed as a hedge bet against inflation, but could all that change if the Federal Rese...
Gold prices: analysts project bullish future with $3,000 target
Gold prices have seen a notable increase, driven by a cooling U.S. labor market which has contributed to a weaker dollar and lower Treasury yields. This environment has enhanced the allure of gold, pu...
Gold/silver: you haven't seen anything yet
After trading in the futures and commodities markets for the past 23 years, one thing I know is to be uncomfortable when markets seem to be comfortable. I don't care if it is Gold, Silver, Crude, Copp...
Gold Price on May 9: Rate Rises on Possible Fed Reaction to Unemployment Data
The spot price of gold rose 1.4% to $2,339.76 as of 3:35 p.m. ET Thursday as a rise in weekly jobless claims raised optimism the labor market will slow enough to allow the Federal Reserve to cut inter...
Gold Price on May 8: Rate Edges Lower Amid Concerns About Path of Interest Rates
The spot price of gold was little changed, edging 0.2% lower to $2,308.66 per ounce as of 4 p.m. ET Wednesday, amid concerns about when the Federal Reserve might move to lower interest rates.
