Invesco DB Precious Metals Fund (DBP)
| Assets | $290.97M |
| Expense Ratio | 0.77% |
| PE Ratio | n/a |
| Shares Out | 2.50M |
| Dividend (ttm) | $2.50 |
| Dividend Yield | 2.16% |
| Ex-Dividend Date | Dec 22, 2025 |
| Payout Frequency | Annual |
| Payout Ratio | n/a |
| Volume | 34,446 |
| Open | 113.84 |
| Previous Close | 111.66 |
| Day's Range | 113.84 - 116.36 |
| 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 | 41.78% |
| Short-Term Investment Trust - Invesco Government & Agency Portfolio | AGPXX | 24.73% |
| Futures Cash Collateral | n/a | 16.00% |
| Silver Future Dec 26 | n/a | 10.20% |
| Invesco Short Term Treasury ETF | TBLL | 4.09% |
| Platinum Future Oct 26 | n/a | 3.20% |
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 79.77% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.55%.
News
How the Debt Problem is Fueling the Gold Market
The price of gold has experienced significant volatility this year, rising past $5,500 an ounce before plummeting in a matter of days. Yet overall, gold prices remain elevated from recent years and th...
Wall Street back on board after gold's strong recovery, Main Street bullish but cautious with payrolls and CPI on deck
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 and silver volatility rattles nerves, but not convictions
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 (XAU/USD) Price Forecast: Bullish Reversal Signals Emerging
Gold rebounded from a key Fibonacci retracement, reclaimed the 20-day average, and formed bullish reversal patterns on daily and weekly charts, setting the stage for higher prices.
Historic swings batter gold and silver, but analysts say the bull case is intact
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's precipitous price drop didn't spook ETF investors - World Gold Council
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 – Gold Bounces for the Week After Drop. Can Trend Continue?
The gold market has been above $5,000 and tested $4,400 in the same week, which of course is crazy, and people have to be careful in this environment. Gold has a ton of things working in its favor lon...
Gold prices are so high, a Macau hotel is literally tearing up its floor
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 $4,955/oz after preliminary Consumer Sentiment rises to 57.3, but long-term inflation expectations rise again
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 6 - 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 up a bit, but gains limited by silver sell off
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: Safe-Haven Bid Returns – Can XAU Recover $5,000?
Gold and silver rebound as risk-off flows return and Fed rate-cut hopes grow. XAU tests $4,840 support while traders watch if $5,000 can be reclaimed.
Bridgewater's Ray Dalio Foresees a Capital War. The Worst Asset, and How Much Gold to Own.
The hedge fund founder sees the 70%-plus move in gold over the past year and dollar weakness as signs that doubts about the value of money are growing.
Silver, gold price retreat from key levels; experts warn of downside risks
Silver prices continued to drop on Friday as the metal headed for its second weekly decline on a stronger dollar and profit-taking. The recent renewed weakness highlighted the extent of the technical...
Gold and Silver Technical Analysis: Key Support Holds Amid Rising Volatility
Gold dropped to $4,680 as rising margin requirements, equity market stress, and easing geopolitical tensions pressured prices, but strong technical support around $4,400 and ongoing uncertainty over F...
Gold (XAU/USD) Price Forecast: Uncertainty Rises After Bearish Reversal
Gold is experiencing heightened uncertainty after a bearish reversal last week, with prices testing a well-defined support zone as traders watch for either consolidation or renewed upside momentum.
This explains silver's tumble as gold finds a footing in precious-metals rout
Silver far outpaced gold's decline on Thursday, with its sharp price losses leading to a turn lower for the week, even as gold looked to recover much of what it lost during the recent downturn for pre...
CIBC sees gold averaging $6,000 an ounce as safe-haven demand persists
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 sharply down, leading gold lower, too
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 Analysis – Can Gold Eventually Break Above the Massive Level Above?
Gold tried to break above the $5,000 level again during the trading session on Thursday but has turned around quite drastically, as the markets continue to see a lot of volatility.
Gold remains under pressure even as US job openings drop to nearly 6 year low
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 ETFs: Not Always Second Place
Throughout most of 2025, silver has recently outperformed gold, proving (ironically) that it is not always second place. Strength in silver built gradually through last year, but the latest pullbacks ...
Spot gold trades at $4,860/oz after U.S. weekly jobless claims spike to 231k
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 5 - 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 remains under pressure as ECB leaves interest 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...
Price pressure on gold, silver amid bearish outside 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...
Gold (XAUUSD) Price Forecast: Profit-Taking Pulls Gold Price Back From Resistance Zone
Gold price falls as profit-taking hits resistance, with dollar strength and Fed signals pressuring the gold market and shaping near-term price prediction.
Gold's massive outperformance leaves bitcoin looking more attractive over the long term, says JPMorgan strategist
A JPMorgan strategist made a contrarian call, saying bitcoin now looks more appealing than gold after the surge in the yellow metal's price.
Gold (XAUUSD) & Silver Price Forecast: Dollar Surge Hits Gold, Is $4,850 the Line?
Gold prices slide toward $4,850 as dollar strength, easing tensions, and weak China demand pressure XAU/USD. Silver drops below $80 as Fibonacci support weakens.
Silver tumbles 10%, gold below $5,000/oz as analysts see continued volatility
Precious metals experienced a sharp decline in price on Thursday, with both gold and silver falling amidst a broad market sell-off. This pressure was driven by the dollar's rise to almost a two-week h...
Gold (XAU/USD) Price Forecast: Consolidation Possible After Failed Breakout
Gold stalled at resistance after a failed breakout attempt, signaling possible consolidation within a broad range as buyers defend key moving-average support and assess the next directional move.
Gold could slide to $4,000 as parabolic rally signals peak - BI's McGlone
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...
Central banks buy 19t of gold in December to total 328t in 2025, averaging 27t/m – World Gold Council
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 is not out of the woods just yet as $5,000 resistance holds
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, silver lose most of early gains on profit taking
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 and silver unlikely to repeat “explosive rally” but should still climb steadily after recent price reset – ING's Manthey
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 at $4,985/oz after ISM Services PMI holds at 53.8 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.
