DB Gold Double Long ETN due February 15, 2038

DGP

Market cap $367M

Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada.

Gold prices face pressure as rising oil fuels inflation fears and the Fed delays rate cuts. Traders watch policy signals for the next move in XAU/USD.

Brad Chastain, global head of research for the U.S. Money Reserve, says institutional investors are once again pilling into gold. The reason?

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.

Friday's NFP consensus is 59–60K jobs with unemployment at 4.3%. A hot number delays Fed cuts; a miss could spark recession fears.

Anna Edwards, Lizzy Burden, Tom Mackenzie and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade." Chapters: 00:00:00 - MLIV 00:00:06 - Iran War, Asian Markets Reaction, Kospi 00:01:07 - Europe Gas Futures 00:01:54 - Gold Price Downside 00:02:36 - 'Buy' the Dollar -------- More on Bloomberg Television and Markets Like this video?

Silver drops as rising yields and a stronger dollar pressure the silver market. Read our silver analysis and price prediction as Fed policy risk builds.

Oil prices surged this week after the breakout of the Iran conflict, which some analysts have said could precede broader inflation. The U.S. West Texas Intermediate benchmark rose 7% Monday while Brent crude oil futures rose as much as 8%, the latter reaching its highest mark in more than a year.

Mystery price drop sees gold fall as geopolitical tensions ratch up.