DB Gold Double Long ETN

The full company name is Deutsche Bank AG London - DB Gold Double Long ETN.

Goldman Sachs Physical Gold ETF

Invesco DB Gold Fund

SPDR Gold Trust

SPDR Gold MiniShares Trust

iShares Gold Trust

iShares Gold Strategy ETF

VanEck Merk Gold Trust

ProShares Ultra Gold

(Kitco News) - For months now, economists have warned consumers that inflation will be a challenging monster to slay, that that last push to get prices below 2% will be a hard mile, or a tough row to hoe; take your pick of analogies or metaphors because they are all true.This past week, we saw both consumer and producer prices rise more than expected, and while prices have come down from their 2022 peaks, we are still a long way from the Federal Reserve's target of 2%.Gold and silver prices dropped to multi-month lows, testing critical support at $2,000 and $22 an ounce, respectively. Investors continue to flee the gold market as higher-for-longer interest rates support higher bond yields and a stronger U.S. dollar.Instead of gold, investors continue to push equities to record highs, and they also see new opportunities in Bitcoin.

Are investors swapping their gold for Bitcoin as inflation fears rise?

(Kitco News) - As expected, the gold market got its direction from inflation data this week, with the only major move being the sharp price decline on Tuesday morning following hotter-than-expected CPI data for January, which drove spot gold from just under $2,030 per ounce in the minutes before the 8:30 am EST release all the way to $1,991 an hour and a half later.

Analysts doubt gold's strength next week, retail traders don't stop believing

Precious metals markets are moving higher ahead of the weekend.

Gold, Silver, Platinum Forecasts – Gold Gains Ground Despite Rising Treasury Yields

Five-year expectations for business conditions increased to the highest levels since December 2020.

Michigan Consumer Sentiment Rises Again In February

As gold steadies and silver gains, investors eye the upcoming US PPI and Consumer Sentiment data, signaling pivotal moments for metal prices.

Gold, Silver, Copper Forecast: Price Moves Before US PPI, Consumer Sentiment

Gold has lost some of its luster in the eyes of investors as exchange-traded funds (ETFs) for the world's oldest and most reliable store of wealth have seen significant outflows in 2024, while inflows into the newly listed spot Bitcoin (BTC) ETFs continue to rise.

Gold ETF lose luster with $3 billion outflows as Bitcoin ETFs take in $4.1 billion

(Kitco News) - Gold prices are continuing to cling to the important $2,000 per ounce level after retail sales came in well below market expectations in January, while December's print also saw a downward revision.

Gold clinging to $2,000 after U.S. retail sales surprise with 0.8% fall in January

(Kitco News) - Gold prices are down a bit on follow-through selling pressure after solid losses posted Tuesday. Prices hit a three-month low overnight.

Gold weaker on follow-through selling from Tuesday's solid losses

Gold traders remain worried about the recent changes in Fed policy outlook.

Gold, Silver, Platinum Forecasts – Gold Remains Stuck Below The $2000 Level

(Kitco News) - The gold market is struggling to hold support at $2,000 an ounce, trading near a two-month low; however, one analyst said that the gold market can still see significantly higher prices this year as the Federal Reserve is forced to cut rates even as it fails to get inflation under control.

Capitalight's $2,400 gold target for 2024 not ‘overly bullish' as financial risk, geopolitical uncertainty loom

Inflation fears grip metals market, pushing gold below the crucial $2,000 mark, signaling tighter monetary conditions ahead.

Gold, Silver, Copper Daily Forecast: Post-CPI Slide, XAU/USD Below $2,000 Mark

Global X Silver Miners ETF

Amplify Junior Silver Miners ETF

Aberdeen Standard Physical Silver Shares ETF

iShares Silver Trust

iShares MSCI Global Silver Miners ETF

(Kitco News) - This morning's hotter-than-anticipated U.S. CPI report for January sparked declines across the broader market, and precious metals in particular took a pounding. According to a video post from Jeff Christian, Managing Director of the CPM Group, a detailed unpacking of the CPI components shows why higher-for-longer rates likely mean lower-for-longer gold and silver prices.

Higher-for-longer interest rates mean lower-for-longer gold and silver prices – CPM Group's Jeff Christian

(Kitco News) - The gold market continues to struggle as hotter-than-expected inflation causes investors to push back their expectations for a rate cut; however, one fund manager said his bullish outlook for gold remains in place through 2024.In a recent interview with Kitco News, Chris Mancini, Associate Portfolio Manager of The Gabelli Gold Fund (GOLDX), said that despite the current challenges, the gold market remains well supported. He added that although the timing of the Federal Reserve's easing cycle remains in doubt, inevitable rate cuts this year mean that it's only a matter of time before gold prices start to move higher.

Gold's bull case remains intact; creating solid value for senior producers - Gabelli Gold Fund's Chris Mancini

Silver and platinum are down by more than 2% amid a strong sell-off in precious metals markets.

Gold, Silver, Platinum Forecasts – Gold Slides Below $2000 As U.S. Inflation Exceeds Expectations

(Kitco News) - Geopolitical tensions are supporting gold, but the Fed's monetary policy pivot will remain the key driver for prices in 2024, according to Ewa Manthey, Commodities Strategist at ING.

Gold will average $2,150 by Q4 despite higher-for-longer rates, U.S. investors will return after Fed cuts – ING's Manthey

Resilient inflation is a big threat to the historic rally in stock markets. Gold may settle below the key $2000 level as traders prepare for a more hawkish Fed.

January CPI Data Is A Real Test For Stocks And Gold

The consumer price index (CPI) report published on the morning of February 13 brought higher inflation figures than was previously expected – 3.1% vs 2.9%. One of the first assets to react to the news was gold.

Gold crashes below $2,000 but Peter Schiff thinks it's ‘bullish'

(Kitco News) - The macro picture is shifting and that means a higher gold price, said Brien Lundin, editor of the Gold Newsletter. In mid-January Lundin spoke to Kitco Mining at the Metals Investors Forum Vancouver 2024.

Trump or Biden, the economic predicament stays the same and gold benefits - Brien Lundin

Gold is losing ground as traders stay focused on hawkish Fed.

Gold, Silver, Platinum Forecasts – Gold Tests Weekly Lows

(Kitco News) - The lack of clear drivers should keep gold prices rangebound near $2,000, while silver could fall below $22 per ounce if it fails to find support on the weekly charts, according to precious metals analysts at Heraeus.

Gold prices will remain rangebound near $2,000 per ounce, silver could fall below $22 - Heraeus

(Kitco News) - Gold prices are lower and silver prices modestly up in midday U.S. trading Monday. Gold is feeling the pressure from bearish daily outside markets that include a firmer U.S. dollar index and a slight up-tick in U.S. Treasury yields. The U.S. stock indexes today hit record highs again, which is also a negative for the safe-haven gold and silver markets. April gold was last down $12.20 at $2,026.40. March silver was last up $0.136 at $22.735.

Gold pressured by bearish outside markets Monday

As the U.S. prepares to release CPI data, gold remains in a tight range, while a new copper find in Zambia shakes global supply expectations.

Gold, Silver, Copper Daily Forecast: Eyes on US CPI Data; Zambia Discovery In Play

(Kitco News) - Gold's significant December momentum waned last month as the precious metal saw a disappointing start to the year; however, one market analyst said that despite all the headwinds gold faces, the market is still in very good shape.

Gold's price momentum is strong and only getting stronger - SSGA's Milling-Stanley

(Kitco News) - This 5-minute bar chart for Comex gold futures can be a valuable analytical and trading tool for the active intra-day gold futures trader/market watcher. The 5-minute bar chart for the active gold futures contract shows key short-term moving averages (10- and 20-period), which the trader can use for crossover buy and sell signals. Also, based on key short-term technical support and resistance levels, I show potential buy and sell price entry points. (Remember, most successful traders buy on early price strength and sell on early price weakness.) If you are an active intra-day trader of gold, you definitely want to check out this unique and exclusive daily trading/analytical tool found only at Kitco.

Gold market analysis for February 9 - key intra-day price entry levels for active traders

(Kitco News) - Gold prices are modestly down and silver prices slightly up in lackluster early U.S. trading Friday. Thursday's surprising deflation news coming out of China is still a bearish weight on the metals markets to end the trading week. The U.S. stock indexes at record highs are also a negative element for the safe-haven metals. April gold was last down $3.40 at $2,044.50. March silver was last up $0.044 at $22.68.

News for DB Gold Double Long ETN Stock (DGP)