Deutsche Bank AG London DB Gold Double Long Exchange Traded Note logo

Deutsche Bank AG London DB Gold Double Long Exchange Traded Note (DGP)

Market Closed
16 Oct, 08:00 PM
ARCA ARCA
$
139. 72
-1.19
-0.8445%
$
160.23M Market Cap
- Div Yield
56,300 Volume
$ 140.91
Previous Close
Investors:
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Day Range
139.72 145.01
Year Range
125.67 252.75
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Gold Price Continues Fall As Expectations Of An Interest Rate Hike Grow

Gold Price Continues Fall As Expectations Of An Interest Rate Hike Grow

Gold had been on a significant upswing throughout August, ending what had been a mostly stagnant summer, before the price began declining late last week. Earlier this month, the Treasury Department announced it would ramp up buybacks of long-dated government debt, a move analysts said helped gold's price spike.

Forbes | 1 month ago
Gold Price Fall Deepens After Warsh Inflation Speech, Renewed Iran Tensions

Gold Price Fall Deepens After Warsh Inflation Speech, Renewed Iran Tensions

The price of silver is also down slightly on Monday after falling further late last week. Silver futures are priced about $66 per ounce as of shortly after 10 a.m.

Forbes | 1 month ago
DGP vs. UGL: Which 2x Gold Play Costs You More Than the Leverage?

DGP vs. UGL: Which 2x Gold Play Costs You More Than the Leverage?

Investors looking for 2x daily exposure to gold typically land on two tickers: DB Gold Double Long ETN (NYSEARCA:DGP) and ProShares Ultra Gold (NYSEARCA:UGL).

247wallst | 4 months ago
Gold Is Hitting New Highs: One 2x ETF Is Doubling Every Move

Gold Is Hitting New Highs: One 2x ETF Is Doubling Every Move

Gold has been one of the strongest assets over the past year, and the DB Gold Double Long ETN is built to capture every bit of that move at twice the speed.

247wallst | 7 months ago
DGP: Overextended Leveraged Gold Fund

DGP: Overextended Leveraged Gold Fund

The DB Gold Double Long ETN is up over +100% year-to-date, benefiting from the parabolic rally in gold prices. However, the asset is now considered severely overbought. DGP is an Exchange-Traded Note, a debt obligation issued by Deutsche Bank, not an ETF. Investors face counterparty risk (Deutsche Bank's credit/default risk) until the ETN's maturity. DGP's 2x daily leverage reset means that in a choppy or volatile market (like the one anticipated), the effect of compounding will work against the fund, leading to "volatility decay".

Seekingalpha | 0 year ago
Gold Dazzles: Amplify Returns With Leveraged ETFs

Gold Dazzles: Amplify Returns With Leveraged ETFs

Gold has been on a relentless rally, topping $3,300 per ounce for the first time. Investors could make quick profits with leveraged ETFs.

Zacks | 1 year ago
Gold Rally to Continue: Leveraged ETFs to Make Profits

Gold Rally to Continue: Leveraged ETFs to Make Profits

Gold is approaching the $2,850 level with the potential for further upside amid the rush to safe-haven demand.

Zacks | 1 year ago
5 Bullish ETF Ways to Play Gold Strength

5 Bullish ETF Ways to Play Gold Strength

The yellow metal hit a new all-time high of $2,521.00 per ounce driven by a weak dollar and safe-haven demand, with many analysts expecting more upside in the months ahead.

Zacks | 2 years ago