Invesco DB Precious Metals Fund (DBP)
| Assets | $279.92M |
| Expense Ratio | 0.77% |
| PE Ratio | n/a |
| Shares Out | 2.50M |
| Dividend (ttm) | $2.50 |
| Dividend Yield | 2.38% |
| Ex-Dividend Date | Dec 22, 2025 |
| Payout Frequency | Annual |
| Payout Ratio | n/a |
| Volume | 19,576 |
| Open | 108.86 |
| Previous Close | 109.04 |
| Day's Range | 104.69 - 108.86 |
| 52-Week Low | 66.17 |
| 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 | 40.56% |
| Short-Term Investment Trust - Invesco Government & Agency Portfolio | AGPXX | 26.02% |
| Futures Cash Collateral | n/a | 16.50% |
| Silver Future Dec 26 | n/a | 9.69% |
| Invesco Short Term Treasury ETF | TBLL | 4.12% |
| Platinum Future Oct 26 | n/a | 3.11% |
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 53.81% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.94%.
News
Gold and Silver Technical Analysis: Strong Dollar and Rising Yields Drive Prices Toward Key Support
Gold (XAU) and silver (XAG) prices remained under pressure last week as a result of strength in US dollar and Treasury yields. These factors lead to less demand for non-yielding assets such as preciou...
Joe Cavatoni on Gold's Volatility, Bull Case in Metal Digitization
Joe Cavatoni of the World Gold Council talks about why he believes the yellow metal hasn't caught a bid over recent sessions. He notes structural headwinds brought by the U.S.-Iran War and the Fed as ...
Wall Street folds after gold loses 10% in a week, Main Street turns negative as Iran war escalation looms
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 (XAU/USD) Price Forecast: Support Breakdown Risks Deeper Correction
Gold weakens near key support as selling pressure builds, with a breakdown below critical levels signaling potential for a deeper correction toward lower technical targets.
Gold isn't your safe haven in this war: It just logged its biggest weekly drop in over 14 years
Gold prices posted their largest weekly percentage drop in more than 14 years Friday, bucking the metal's usual safe-haven appeal even as the conflict in Iran continues to escalate.
Gold sees biggest weekly loss in six years, faces more downside as inflation threat sidelines central banks
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 Weekly Price Analysis – Tough Week For Gold as Rates Take Center Stage
Gold had a rough week as rising U.S. yields were a problem, while the war, despite the fact that it is continuing, hasn't expanded as far as people may have feared.
Oil At $97, Gold Down 6% - When Nothing Is Safe, Here's What You Can Actually Do
Happy Friday. Here's an observation about this week: oil spiked toward $100, gold crashed 6%, and a company that beat earnings estimates by 40% got sold off.
Gold market analysis for March 20 - 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, silver see corrective price rebounds
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: XAU Reversal vs. XAG Slump – Trend Shift Ahead?
Gold (XAUUSD) surges as Middle East tensions spark safe-haven buying, while a strong USD weighs on Silver. Can XAU hold $4,634 amidst rising US-Iran conflict?
Gold (XAUUSD) and Silver Technical Analysis: Metals Under Pressure Near Key Support
Gold and silver came under pressure as rising US Treasury yields and inflation fears triggered a sell-off, with both metals now testing key support levels that will determine their next move.
Swiss gold exports fall to their lowest level since the tariff shock of August 2025
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's pullback is a buying opportunity as debt risks continue to grow, says Tavi Costa
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 and silver plummet — here's why Iran war is hammering prices
Gold and silver futures on Thursday plummeted to one-month lows after a historic metals rally earlier this year as the war in Iran crushes hopes for interest rate cuts anytime soon.
Gold (XAUUSD), Silver, Platinum Forecasts – Gold Dives 4.5% As Traders Focus On Hawkish Central Banks
Precious metals markets are under strong pressure as central banks may start raising rates to fight inflation caused by high energy prices.
Copper joins gold in broad commodities sell-off. There's a worrying reason behind it
Both precious and industrial metals fell in Thursday trading as investors are starting to worry this oil shock will go on long enough to cause an economic slowdown or recession. An unusual stagflation...
World Gold Council building shared infrastructure to support $5 billion tokenized gold market
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...
Inflation worries tank gold, silver markets
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...
Spot gold back above $4,630/oz after U.S. new home sales post shock -17.9% drop in January
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 price keeps going down as ECB leaves rates unchanged
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...
Spot gold at session low $4,550/oz after Philly Fed survey rises to 18.1 in March
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.
Spot gold trades at $4,604/oz after U.S. weekly jobless claims drop to 205k
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.
Strong price losses in gold, silver amid inflation worries
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 market analysis for March 19 - 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...
Inside India newsletter: Gold loans are thriving in India — and attracting global investors
Indian households own nearly 34,000 tons of gold worth about $5 trillion. Global PE firm Bain Capital got RBI approval to buy up to 41.7% stake in Manappuram Finance, India's second‑largest gold loan ...
Gold (XAU/USD) Price Forecast: Bearish Momentum Pushes Below 50-Day Average
Gold breaks below the 50-day average, testing key support levels as bearish momentum continues, with potential for lower levels before buyers regain control of the near-term trend.
The great physical realignment: Gold $10,000, silver $200, and the death of the paper market
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 prices remain stuck below $5k as Federal leaves rates unchanged still sees lower rates this year
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 prices have room to move lower as fundamental and technical headwinds grow - Saxo Bank
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 is still on a path to $6,000, and has five-digit price potential if belief in the global financial system breaks down - CRU Group
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...