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Investment Banking & Investment Services
Financial
ETN
DB Gold Double Long ETN is an exchange traded note launched by Deutsche Bank AG (London). The note seeks to track twice the monthly performance of the Deutsche Bank Liquid Commodity Index - Optimum Yield Gold Index. The index represents the commodity markets. It tracks long positions in derivatives such as futures contracts on gold. The ETN will mature on February 15, 2038. It was formerly known as PowerShares DB Gold Double Long ETN. DB Gold Double Long ETN was formed on February 27, 2008 and is domiciled in Germany.
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