DBP News and Press, Invesco DB Precious Metals Fund From 05/31/23

2023-05-31 18:55:00 ET Summary Today's silver spot price is about $23.50 per ounce; so a move to $30.00 would be a 28% jump. According to the World Gold Council, an estimated 208,874 tonnes of gold have been mined. According to the U.S. Geological Survey, about 1.74 million me...

2023-05-31 01:15:00 ET Summary The higher the interest rates go, the sharper the eventual economic slowdown is likely to be. Economic uncertainty and high inflation are precisely why gold prices are at or near record. The near-term outlook remains murky as prices remain inside...

2023-05-30 14:26:00 ET Summary Gold has outperformed global equities, rising more than 10% year-to-date, as real interest rates and the US dollar have pulled back. If the Federal Reserve's tightening cycle has ended, gold may see more upside, particularly if geopolitical tensions ...

2023-05-30 12:25:00 ET Summary Why China's reopening hasn't helped lift copper demand? Why copper may have a short-term demand problem and a long-term supply problem? Can gold get back to its winning ways? The price of copper has been dropping amid concerns o...

2023-05-29 07:25:23 ET Summary The recent debt-ceiling deal may not bring a significant relief rally to the stock market due to concerns of an impending recession. The temporary relief from the debt-ceiling deal for investors is expected to be short-lived because the stock market ...

2023-05-26 12:30:00 ET Summary For gold, the green trendline support is at 1950 on the daily chart. If we close below there, it’s either a fake breakdown, which would be bullish, or we’re down to lower levels. For silver, while there is little to suggest that a botto...

2023-05-25 18:00:00 ET Summary What fueled gold's rally and why it ran out of steam. Can gold get back above $2,000? Copper was betting on a China boost that never came. The price of gold has eased recently, after reaching new highs earlier this month. Greg B...

2023-05-25 14:45:00 ET Summary Gold is wrapping up May which has slightly exceeded the last minor month in March. Silver delivery volume was low in May with only 2,558 contracts standing for delivery. This is the smallest major month in years. Volume in Palladium has been stea...

2023-05-24 08:03:40 ET Summary After threatening to break above $2,000 earlier this month, gold has seen a downside reversal, with the focus now shifting to $1,800. Gold's fair value continues to decline amid rising real bond yields and falling industrial metals prices, leaving th...

2023-05-23 16:51:00 ET Summary The low volume in gold over the last few weeks suggests that there could be a pop coming in the near term. The gold-silver ratio has turned back up after seeing a big turnaround with the blistering rise in silver back in April. The indicators are...