DBP News and Press, Invesco DB Precious Metals Fund From 10/28/23

2023-10-28 00:20:00 ET Summary The big rally in gold accelerated again on Friday, with the price powering through the key $2,000 level. The next few days will be critical not only for gold investors, but for anyone with wealth at risk. Consider that, over the past week, we've ...

2023-10-26 07:30:00 ET Summary Gold got a new lease on life in October, up over 12% month-to-date on interest rate-driven recession fears and the recent armed action between Israel and Hamas. Bitcoin has soared since September, up 28%, in part on flight-to-safety buying and in par...

2023-10-20 14:00:00 ET Summary It seems there is a lot of apathy regarding precious metals of late. Unfortunately, many are focused upon the wrong drivers when it comes to precious metals. I reiterate my target for gold in the article below. This is now my second art...

2023-10-18 07:05:00 ET Summary Commodity indexes had a strong 3rd quarter, led by the energy sector. The UBS Constant Maturity Commodity Index (CMCITR) had strong relative performance versus the Bloomberg Commodity Index (BCOM). The industrial metals sector was up a little over 3%...

2023-10-17 03:58:00 ET Summary Investors should try to respond not to the events of the past week, but to the deeper global trends they reflect. In our view, an extended period of globalization, political and geopolitical consensus, and low inflation is giving way to an age of deg...

2023-10-16 05:44:00 ET Summary The CPI report didn’t seem to have much impact with rates little changed an hour after the report but bond selling was persistent all day. We think we are in the midst of a secular change in the trend for inflation and interest rates. The down...

2023-10-15 09:36:59 ET Summary Gold prices reached their highest levels since the summer due to the conflict between Israel and Palestine. The weakening US Dollar and ongoing GOP gridlock also contributed to the rise in gold prices. The situation in Gaza will continue to be th...

2023-10-14 09:48:03 ET Summary Gold has underperformed despite geopolitical turmoil due to being "overvalued" by key metrics. The strength of the US dollar and the high demand for it from international investors is a major obstacle for gold. Gold is being ignored as investors ...

2023-10-13 09:00:00 ET Summary I am seeing too many looking for an unreasonably massive move up in gold. Unfortunately, too many erroneously still rely on the Fed for signals regarding gold. Gold is driven by sentiment and should be tracked as such. I am not sure if ...

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...