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DGP, A Gold ETN

By Mark Kennedy, About.com

Definition:

DGP, the PowerShares DB Gold Double Long ETN tracks the price of the Deutsche Bank Liquid Commodity index - Optimum Yield Gold Excess Return. The underlying index fluctuates with changes in the market value of particular gold futures contracts, but is comprised of a single unfunded gold futures contract.

If you'd like to see more related funds, here is a thorough list of precious metals ETNs and ETFs. A List of Gold ETFs

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