DBP News and Press, Invesco DB Precious Metals Fund From 10/13/23

2023-10-13 02:15:00 ET Summary The sell-off in the precious metals sector is startlingly similar to the September/October 2008 decline. Incredibly, the financial markets, banking system and economic backdrop is also remarkably similar. Despite the sharp decline in gold and sil...

2023-10-12 22:10:00 ET Summary The gold price oscillated between US$1,900 and US$1,950 for most of September until a sharp dip on the 27th took the price to US$1,871 finish and a 3.7% m/m loss. Bond yields continue to rage higher, as central banks, led by the Fed, are defiantly re...

2023-10-12 03:05:00 ET Summary Crescat is a global macro asset management firm. We develop tactical investment themes based on proprietary value-driven models. Our mission is to grow and protect wealth by capitalizing on the most compelling macro themes of our time. Crescat's hedg...

2023-10-12 02:40:00 ET Summary Gold succumbed to the pressures of rising yields and a strong U.S. dollar in September, but is positioned to benefit when market dislocation reverses. Gold fell below $1,900 per ounce in the final week of September. Gold tested the $1,900 level at th...

2023-10-11 21:15:00 ET Summary Gold is taking off to the upside again, as investors rush to the supposed “safe haven” of the yellow metal and the speculators quickly cover their short bets. Sometimes a good day for gold is a bad day for the world, and such is the cas...

2023-10-11 06:30:00 ET Summary The Israel-Hamas War has shocked the world and brought geopolitical risk to the forefront of global conversation. The September "dot plot" from the Federal Open Market Committee triggered fears that the US Federal Reserve would keep interest rates "h...

2023-10-10 00:40:00 ET Summary Despite the growing specter of higher benchmark rates and a strong U.S. economy, gold prices remain high. Gold will continue to show strength in the face of U.S. rate hikes, rising expectations for a soft landing and heightened geopolitical risks. ...

2023-10-06 12:18:00 ET Summary Economies and their growth are fundamentally reliant on energy. Without it, economic growth would simply not be possible. Over time, technological advancements have empowered humanity to devise more efficient means of generating energy. Energy tr...

2023-10-06 01:28:00 ET Summary Gold plunged to its lowest level since March this week - edging closer to US$1,800/oz. Treasury yields moved higher and the USD strengthened. In the short term, we believe the threat of further action from the Fed will continue to keep the lid on...

2023-10-04 07:11:00 ET Summary To get a better grip on gold’s fate going forward, I created the Gold Price-TIPS Model Tracker that shows gold’s strength or weakness versus the TIPS model on a monthly basis. According to my calculations, the suggested gold price by th...