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DGL (Invesco DB Gold Fund) is no longer actively trading.
This usually means the fund has been liquidated, merged into another product, or its ticker has been retired. Every price, valuation, dividend, and analyst figure on this page is frozen at the last available trading session and reads as historical reference, not a current-day signal.
The single index Commodity consists of Gold. The fund invests in futures contracts in an attempt to track its corresponding index.
Gold cracked a key psychological level for the second time this year as margin calls, soaring oil prices, and rising rate-hike odds turned the classic safe haven into a liability.
Gold has been a store of wealth for thousands of years, but what will the next thousand years look like as investors continue to embrace digital assets?
Gold prices suffered another sharp weekly decline as rising oil prices, persistent inflation fears, and expectations for further Federal Reserve tightening overwhelmed safe-haven demand, while Thursday's technology-led equity selloff triggered another wave of liquidations that pushed the precious metal back below $4,000 per ounce.
Spot gold and silver prices were lower in late U.S. trading Friday, extending a week of heavy selling as renewed concerns about military escalation involving Iran pushed crude oil prices to multiyear highs and reinforced expectations for restrictive Federal Reserve monetary policy.
The gold market can't catch a break as prices have fallen below a key pivot level ahead of the weekend, even as U.S. 10-year Treasury yields have dropped below 5%.