DBP News and Press, Invesco DB Precious Metals Fund From 11/07/23

2023-11-07 03:02:36 ET Summary Gold prices remain stable after a positive week, with focus on the Fed's decision and the October Jobs Report. Gold initially surged to $2000 per ounce in response to weak job numbers and potential economic instability. Stocks rallied, suggesting...

2023-11-03 23:48:00 ET Summary Spot gold jumped above $2,000/oz last month, for the first time since May, amid geopolitical conflicts and economic uncertainty. We believe the war-risk premium will keep gold prices supported, however, the Fed’s higher-for-longer narrative wi...

2023-11-03 21:25:00 ET Summary Before a recent price surge on the heels of the Israel/Hamas conflict, rising Treasury yields helped spark a decline in gold prices. Gold has been moving in almost perfect sync to the dollar, only in the opposite direction. These factors have con...

2023-11-03 10:52:51 ET Summary The S&P 500 is at a key support level as we enter the best month of the year. Breadth continues to weaken, creating the potential for significant further weakness in the indexes if support fails to hold. Gold and Bitcoin are alternative inves...

2023-11-01 06:20:00 ET Summary Gold demand (excluding OTC) in Q3 was 8% ahead of its five-year average, but 6% weaker y/y at 1,147t. Net central bank buying of 337t was the third strongest quarter in our data series, although failed to match the exceptional 459t from Q3’22....

2023-11-01 03:01:00 ET Summary Equities, Agriculture, Energy, and several other markets are feeling the direct effects of higher interest rates. The Fed’s hikes have also provided market participants with opportunities to trade the value-to-growth rotation as the “hi...

2023-10-30 10:43:03 ET Summary Gold market has been relatively calm with stable economic landscape, maintaining recent gains and outperforming equities. Ongoing geopolitical tensions and downturn in US stock market support gold's positive outlook. Market showed little reaction...

2023-10-28 22:43:00 ET Summary Mideast conflict and the impact on the energy sector. Slowing growth in China and the implications for commodities. Can uncertainty fuel gold past $2,000? The conflict between Israel and Hamas has led to increased volatility for sever...

2023-10-28 06:15:00 ET Summary The oil market does not believe that the Israel-Hamas war will have a significant negative effect on global oil supply. The gold market has priced in considerable uncertainty and risk, with a potential for further price increases. The US stock ma...

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 ...