DBP News and Press, Invesco DB Precious Metals Fund From 01/19/24

2024-01-19 10:30:00 ET Summary After a couple of years with multiple “Black Swans” driving erratic action in commodities, Carley Garner of DeCarley Trading expects 2024 to be a less volatile one. She believes crude oil and select soft commodities look attractive - an...

2024-01-17 00:36:00 ET Summary Gold appears to have built solid support above $2,000 an ounce, but momentum to move higher in the short term has eased with uncertainty about the timing of Federal Reserve rate hikes. Long positions in gold futures in the managed money category fell...

2024-01-16 22:49:00 ET Summary The year ahead is, of course, a blank slate and no one has a clue how events will unfold. Weather and geopolitical risk are also on the short list as factors that could drive commodities prices higher, although marginal demand and monetary (liquidity...

2024-01-15 18:06:00 ET Stock Traders Daily has produced this trading report using a proprietary method.  This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...

2024-01-12 01:50:00 ET Summary Spot gold climbs to a record high in 2023; the main drivers behind last year’s gold rally should continue to support gold in 2024. Gold recorded a new intraday, all-time high of $2,135/oz in early December during overseas trading hours. Go...

2024-01-12 00:45:00 ET Summary Gold is breaking out to new all-time highs on very little fanfare, this is undoubtably a bullish development. On the back of strong central bank demand, gold has admirably withstood the rising real yield headwind that historically would have crushed ...

2024-01-11 03:37:00 ET Summary Gold prices rose 15% in 2023 to reach US$2,078/oz, the highest annual close on record. The closing price was also a daily record and was mirrored in all but one currency. Our Gold Outlook 2024 analysed three economic scenarios and their likely effect...

2023-12-31 10:30:00 ET Summary Mexico's silver production is declining double digits annually for the first time in almost a decade. Latin American labor and environmental activism pose a risk to mining activity in the region. Silver is critical for Net Zero economies and rene...

2023-12-31 09:30:00 ET Summary Gold has set a new record high without much attention or commentary, making for a promising start to the new year for gold bugs. Despite a challenging year, gold has managed to hold its ground and advance, driven by central banks and Eastern buyers r...

2023-12-31 08:25:00 ET Summary The latest calculation of the PCE Index shows a downward trend in inflation, with the year-over-year growth rate at 2.6%. The Fed is expected to slash interest rates next year, leading to celebrations in the stock and bond markets. The markets ha...