Invesco DB Precious Metals Fund (DBP)
| Assets | $319.97M |
| Expense Ratio | 0.77% |
| PE Ratio | n/a |
| Shares Out | 2.50M |
| Dividend (ttm) | $2.50 |
| Dividend Yield | 1.97% |
| Ex-Dividend Date | Dec 22, 2025 |
| Payout Frequency | Annual |
| Payout Ratio | n/a |
| Volume | 8,860 |
| Open | 125.79 |
| Previous Close | 124.04 |
| Day's Range | 125.57 - 126.81 |
| 52-Week Low | 64.93 |
| 52-Week High | 140.76 |
| Beta | 0.19 |
| Holdings | 6 |
| Inception Date | Jan 5, 2007 |
About DBP
Fund Home PageThe Invesco DB Precious Metals Fund (DBP) is an exchange-traded fund that is based on the DBIQ Optimum Yield Precious Metals index. The fund tracks an index of gold and silver futures contracts. It optimizes its contract selection based on the shape of the futures curve to minimize contango. DBP was launched on Jan 5, 2007 and is issued by Invesco.
Top Holdings
| Name | Symbol | Weight |
|---|---|---|
| Gold Future Dec 26 | n/a | 42.53% |
| Short-Term Investment Trust - Invesco Government & Agency Portfolio | AGPXX | 24.20% |
| Futures Cash Collateral | n/a | 15.01% |
| Silver Future Dec 26 | n/a | 11.09% |
| Invesco Short Term Treasury ETF | TBLL | 3.83% |
| Platinum Future Oct 26 | n/a | 3.33% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 22, 2025 | $2.50366 | Dec 26, 2025 |
| Dec 23, 2024 | $2.55968 | Dec 27, 2024 |
| Dec 18, 2023 | $2.23426 | Dec 22, 2023 |
| Dec 19, 2022 | $0.21759 | Dec 23, 2022 |
| Dec 23, 2019 | $0.5253 | Dec 31, 2019 |
| Dec 24, 2018 | $0.4495 | Dec 31, 2018 |
Performance
DBP had a total return of 94.24% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.05%.
News
Gold Price Forecast – US-Iran Tensions Set Stage for Oil Spike and Equity Rotation
Escalating US–Iran tensions are likely to push oil prices higher, lift inflation expectations, and drive investors toward gold while increasing downside risks for equities.
Investors continue to cling to their gold during the weekend
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include cover...
Wall Street waxes bullish amid geopolitical and technical momentum, Main Street sets 2026 sentiment high as gold challenges $5,300/oz
Ernest Hoffman is a Crypto and Market Reporter for Kitco News. He has over 15 years of experience as a writer, editor, broadcaster and producer for media, educational and cultural organizations.
‘As the world breaks up, you're going to need a monetary reserve system' – Sprott's Paul Wong on why Bretton Woods III is inevitable and gold stands alone
Ernest Hoffman is a Crypto and Market Reporter for Kitco News. He has over 15 years of experience as a writer, editor, broadcaster and producer for media, educational and cultural organizations.
Gold prices push back above $5,200; sees solid rebound in February to end month with another record
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include cover...
Gold (XAUUSD) Price Forecast: Gold Price Set for $5250 Breakout as War Risk Intensifies
Gold price nears the $5250 breakout as Iran tensions rise. Traders watch key support and a potential gold rally toward all-time highs if conflict risk escalates.
Can gold prices hold above $5,200 as inflation pressues rise
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include cover...
Gold market analysis for February 27 - key intra-day price entry levels for active traders
Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter...
Gold price slightly up, silver higher ahead of U.S. PPI
Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter...
Gold (XAUUSD) & Silver Price Forecast: Tariffs vs. Fed Policy – Gold's $5,250 Break?
Gold holds its bullish trend as US-Iran tensions and 10% tariffs drive safe-haven demand. Will a hawkish Fed and strong USD cap XAU/USD gains at the $5,200 level?
Gold (XAUUSD) Maintains Bullish Momentum Above $5,000 Ahead of PPI Data
Gold remains firm above $5,000 ahead of US PPI data as tariff uncertainty, geopolitical risks, slowing growth, and bullish technical breakouts continue to support safe-haven demand and point toward a ...
Gold (XAU/USD) Price Forecast: Pennant Signals Potential Upside Breakout
Gold consolidates near recent highs within a bull pennant, poised for an upside breakout toward $5,345 while maintaining strong support above the 50-day moving average.
Rising debt and policy uncertainty strengthen gold's edge over silver - WisdomTree's Shah
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include cover...
Despite consolidating below $5,200, gold still has a path to $6,000, says Bank of America
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include cover...
Silver leads gold lower on profit-taking pressure
Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter...
The Federal Reserve faces impossible math as gold signals approaching debt wall
Jeremy Szafron joins Kitco News as an anchor and producer from Kitco's Vancouver bureau. Jeremy is a seasoned journalist with a diverse background covering entertainment, current affairs and finance.
Gold Price Analysis – Gold Continues to See Choppiness in Uptrend
Gold was a bit noisy on Thursday, as we tried to show signs of strength, but the sellers came back to push the market back down. Despite this, the gold market still looks bullish at this point.
Profit-taking price pressure on gold, silver
Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter...
Gold bull market still ‘mid-cycle,' could reach $6,750 by U.S. Midterms: MKS PAMP
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include cover...
Gold bulls need to break $5,200 and $5,300 soon or momentum exhaustion could see gold fall as far as $4,380/oz – Forex.com's Hilal
Ernest Hoffman is a Crypto and Market Reporter for Kitco News. He has over 15 years of experience as a writer, editor, broadcaster and producer for media, educational and cultural organizations.
Silver leads gold higher on technical buying
Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter...
Gold price will rise 22% above current level to reach $6,300 by year-end 2026 – J.P. Morgan
Ernest Hoffman is a Crypto and Market Reporter for Kitco News. He has over 15 years of experience as a writer, editor, broadcaster and producer for media, educational and cultural organizations.
Gold market analysis for February 25 - key intra-day price entry levels for active traders
Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter...
Price gains for gold, silver; technical buying featured
Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter...
Gold (XAUUSD) & Silver Price Forecast: $5,200 Breakout or Pullback Ahead – Can XAU Extend Toward $5,290?
Gold (XAU/USD) holds near $5,200 as dollar weakness and trade tensions boost safe-haven demand, while silver targets $92.96 resistance.
Gold and Silver Analysis: Geopolitical Risks and Weak Dollar Drive Bullish Momentum
Gold rebounds from $5,090 and nears $5,200 as geopolitical risks and a weaker US dollar boost safe-haven demand, while silver follows the momentum with upside pressure.
China to ‘expand the country's market share and influence on prices in the international gold market' – Hong Kong official
Ernest Hoffman is a Crypto and Market Reporter for Kitco News. He has over 15 years of experience as a writer, editor, broadcaster and producer for media, educational and cultural organizations.
Gold revaluation wouldn't fix U.S. debt, but would reset fiscal optics - SocGen
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include cover...
Gold could hit $5,800 if U.S.-Iran conflict escalates - Natixis' Dahdah
Geopolitical uncertainty, driven by renewed tensions in the Middle East, has created new momentum in the gold market, and if tensions escalate, prices could easily hit new all-time highs, according to...
Gold sees profit taking; silver up in choppy trade
Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter...