DB Gold Double Long ETN Price & Performance (DGP)

Gold ETFs, including the DB Gold Double Long ETN, saw price swings last Friday, with DGP dropping 2.22% to $100.80 despite strong gains earlier this month. Analysts remain optimistic, projecting up to 30% growth over the next three months, citing ongoing market uncertainty and heightened safe-haven demand.123

The Invesco DB Agriculture Fund ETF rose 0.84% to $27.48 on Friday, marking a 6.68% gain over two weeks. However, trading volume decreased, signaling possible caution among investors. While short-term signals are positive, analysts expect a potential pullback of over 5% in the coming quarter.4

Gold bullion-focused funds are seeing record inflows, particularly from both U.S. and Chinese investors, as global volatility drives demand for safe-haven assets. Portfolio managers are increasing gold ETF holdings to hedge against geopolitical risks and economic uncertainty, further supporting elevated gold prices.25