DBP News and Press, Invesco DB Precious Metals Fund From 05/05/23

2023-05-05 18:00:00 ET Summary In 5 days, the COMEX has seen 4,190 contracts open and stand for immediate delivery. Net new contracts are contracts that open after the delivery month begins and stand for immediate delivery. The gold price is taking a breather after a strong we...

2023-05-03 02:45:00 ET Summary The latest JOLTS report, issued on May 2, continued the trend of declining and tightening labor market conditions. The impact of this report on COMEX gold and silver prices was immediate. Prior to the report, Jun23 COMEX gold was trading near $1995. ...

2023-05-02 03:30:00 ET Summary For the first quarter, gold rose 8.2% and silver was basically flat for the quarter but rose 15.6% in March. The mining stocks, generically using the GDX ETF as a proxy, rose 12.2%. As the world shifts away from using the dollar as a reserve currency...

2023-05-01 06:30:00 ET Summary Gold is facing a healthy consolidation after a strong rally during March and early April. The market has gone very quiet over the last 3 weeks with little movement from any of the parties. Net positioning in silver has rebounded but not as much a...

2023-05-01 05:05:00 ET Summary What’s up with this foursome? Treasuries and gold maybe, but Nasdaq and Bitcoin do not compute. Historically, gold is not a glistening investment. We have seen the infatuation with tech before, and it has not ended well. Bad recol...

2023-04-30 05:25:00 ET Summary Silver has seen a relatively weak delivery to start the action in May. While this could be considered disappointing to some who were looking for fireworks, a look beneath the surface shows that all is not well. May silver is a minor month, but it loo...

2023-04-30 04:25:00 ET Summary From March 8 through April 24, gold rallied over 9%, outpacing the S&P 500 which was up just over 3% in the same period. On balance, gold seems to benefit from inflation but less so if the expectations are for the Fed to act decisively against it...

2023-04-27 21:38:08 ET Summary The US Dollar as an International store of value. The US Dollar's use in International trade. BRICS challenges. How you can learn more. The decline of the US dollar as a world currency has been a topic of discussion among financial ...

2023-04-27 17:27:13 ET Summary Precious metals in general look 'overbought' relative to other assets, particularly Treasuries, that tend to perform well in market downcycles. Gold makes up 80% of DBP's holdings while silver makes up the remaining 20%. On a long-term basis, gol...

2023-04-27 12:32:26 ET Summary The price of gold has been on a nice run this year, emerging from a multi-year funk. It's up 20% since last October. But gold is stagnating at a familiar price level, which makes DBP an alternative for gold bugs. DBP's 20% allocation to silver al...