DBP News and Press, Invesco DB Precious Metals Fund From 07/07/23

2023-07-07 05:00:00 ET Summary Developed market central banks are nearing the end of their tightening cycles. Gold is expected to remain supported due to rangebound bond yields and a weaker dollar. Gold increased by 5.4% in the first half of the year, outperforming all other m...

2023-07-07 03:30:00 ET Summary What happened to Gold during the mini-banking crisis? It soared from 1813 to 2085 in less than two months. If we get another gigantic beat in NF Payrolls tomorrow, monetary metals and miners will likely be clubbed to the downside initially. It is...

2023-07-06 01:35:00 ET Summary As you may know, demand for physical silver is at an all-time high. However, demand for COMEX digital silver is at an eleven-year low. Given the "green agenda" and the growth in interest in all things electrified, it would follow that demand for silv...

2023-07-04 06:30:00 ET Summary Viewed as both an industrial and precious metal, silver can offer versatile risk protection for market participants. Like gold, silver offers a historically low correlation to assets like stocks and bonds. Silver is often overlooked when consider...

2023-07-04 04:27:00 ET Summary A big change has occurred in the gold market since Russia invaded Ukraine and the West seized the euro- and dollar-denominated assets from Russia’s central bank. The US fiscal deficit in 2022 was $1.38 trillion, while the value of newly mined ...

2023-06-30 03:30:00 ET Summary Bond yields held firm, and this reduced the appeal of gold, silver, and yen, some of the lowest and zero-yielding assets. The downside risks could be limited for the precious metal moving forward. Gold went on to break below its 21-day moving ave...

2023-06-30 03:10:00 ET Summary we may have seen the lows in Gold, Silver, and the miners, but I seriously doubt it. Gold remains relatively bullish. The Bullion Banks remain significantly net short Gold, and we’re heading into the liquidity-light July 4th week. the risk...

2023-06-29 23:40:00 ET Summary The world is not going through a replay of the 1970s, as there are some critical differences between the current situation and the situation back then. However, this decade’s macroeconomic path probably will have a lot more in common with the ...

2023-06-28 03:35:00 ET Summary We've written about copper several times already in 2023, and it's time to do so again today as any breakout in price later this year is likely to have significant implications for the precious metals, particularly silver. Global copper stockpiles ha...

2023-06-27 11:45:00 ET Summary With a hawkish Fed and dollar strength, gold has dropped below $1,950 an ounce. The gold-silver ratio has turned back up going over 80. This is on the high end of the range. While gold and silver generally move in tandem, the setup in the two met...