DBP News and Press, Invesco DB Precious Metals Fund From 05/13/23

2023-05-13 21:00:00 ET Stock Traders Daily has produced this trading report using a proprietary method.  This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...

2023-05-13 03:06:00 ET Summary Lower oil price weighed on quarterly earnings. Companies are still able to make money at current levels, though. Potential for more shareholder returns in the coming quarters. Energy stocks are a major component of the TSX index...

2023-05-12 09:40:50 ET Summary After a huge rally, gold faces its biggest challenge of the year. The strengthening dollar threatens to upend the yellow metal. Economic worries and financial market volatility are giving the greenback a boost at gold's expense. It has ...

2023-05-12 03:10:00 ET Summary The level of bullishness in gold and silver recently matched or exceeded that at the previous peak on April 13. It was therefore no surprise that they both dropped on May 11. Expect short-term reversals at extremes, but until we get a break of major ...

2023-05-11 01:45:00 ET Summary Gold rose by just 0.1% in April, to US$1,983/oz,1 as the March banking crisis - which had propelled gold sharply higher - abated and drove some profit-taking. Our Gold Return Attribution Model (GRAM) indicates that April’s performance was nega...

2023-05-11 00:35:00 ET Summary Gold reached a yearly high in April; a Fed pause may be gold positive, potentially driving gold even higher. Gold continued its trend higher in April. It reached a yearly high of $2,048 per ounce on April 13, which coincided with the U.S. dollar ...

2023-05-10 10:40:00 ET Summary Trading at record highs recently, gold’s allure is back in vogue as various macro risk factors provide a tailwind. Gold’s economic value – in comparison to, say, oil or copper – is virtually nil. But the lion’s ...

2023-05-07 08:22:00 ET Summary Demand from central banks experienced significant growth during the quarter. Bar and coin investment gained 5% y/y to 302t, concealing some large regional variations. Modest growth in both mine production (+2%) and recycling (+5%) led to a margin...

2023-05-06 07:15:00 ET Summary Gold is trading near an all-time high amid a decline in US bond yields and the dollar. And the precious metal's momentum remains to the upside. Fed policy will be key for gold over the medium term. By Ewa Manthey , Commodities Str...

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...