Invesco DB Precious Metals Fund (DBP)
| Assets | $280.82M |
| Expense Ratio | 0.77% |
| PE Ratio | n/a |
| Shares Out | 2.50M |
| Dividend (ttm) | $2.50 |
| Dividend Yield | 2.30% |
| Ex-Dividend Date | Dec 22, 2025 |
| Payout Frequency | Annual |
| Payout Ratio | n/a |
| Volume | 15,084 |
| Open | 108.45 |
| Previous Close | 108.59 |
| Day's Range | 108.45 - 110.19 |
| 52-Week Low | 71.12 |
| 52-Week High | 140.76 |
| Beta | 0.21 |
| Holdings | 7 |
| 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 |
|---|---|---|
| Short-Term Investment Trust - Invesco Government & Agency Portfolio | AGPXX | 42.31% |
| Gold Future Dec 26 | n/a | 40.29% |
| Silver Future Dec 26 | n/a | 10.00% |
| Invesco Short Term Treasury ETF | TBLL | 4.08% |
| Platinum Future Oct 26 | n/a | 3.15% |
| Futures Cash Collateral | n/a | 0.21% |
| Cash | n/a | -0.05% |
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 51.75% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.09%.
News
Gold and silver gain momentum after softer U.S. manufacturing data, easing Treasury yields
Spot gold and silver prices ended the North American session on a positive note on Friday, with both metals gaining support from softer U.S. manufacturing data and a pullback in Treasury yields. Gold ...
Gold (XAU/USD) Price Forecast: Bearish Structure Persists Amid Key Resistance Zones
Gold rebounds from recent lows but remains under pressure as key moving averages and broken trend levels cap upside, keeping broader bearish structure intact.
Gold Weekly Price Analysis – Gold Drops for the Week with Rates Rising
There is a correlation between interest rates and gold pricing at the moment, and this doesn't seem to be changing anytime soon. With energy inflation concerns, this will continue.
Gold prices trading near session highs following disappointing ISM data
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...
Bank of America stands firm on 12-month $6,000 gold target, sees silver averaging $86 in 2026
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 lower, silver strong as traders assess global data, central bank outlook
Spot gold prices are slightly down and spot silver prices are modestly firmer in early U.S. trading Friday, as traders digest a heavy slate of global economic data and continue to assess the outlook f...
Gold (XAUUSD) & Silver Price Forecast: $4,532 Holds – Is Gold's Road to $4,800 Now Open?
Gold stabilises above the 0.382 Fib at $4,532 with bulls targeting $4,800, while silver struggles below $75 resistance as bears eye the $71.20–$69 support zone.
Gold and Silver Technical Analysis: Oil Shock Keeps Metals Under Pressure
Gold and silver remain under short-term pressure as higher oil prices fuel inflation risks and delay rate-cut expectations, though geopolitical tensions still support the longer-term safe-haven outloo...
Gold Steady But Stagnation of Diplomacy in Middle East Weighs
Gold was steady. The metal is under intensifying pressure due to the stagnation of diplomatic efforts to end the Middle East war, and the lack of near-term prospects for Fed monetary policy easing, XS...
Gold, silver rally on slumping USDX, bargain 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 resilient but vulnerable as oil prices drive inflation fears - TD's Melek
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 holding gains but doesn't find any direction as U.S. Q1 GDP rises 2% and core inflation increase to 3.2%
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 holding gains but doesn't find any direction as U.S. Q1 GPD rises 2% and core inflation increase to 3.2%
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 high after U.S. weekly jobless claims fall to 189k
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 April 30 - 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...
Solid price gains for gold, silver as USDX solidly down
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: Silver's 762M Oz Drain – Structural Bull Case Intact?
Central banks bought 244 tonnes of gold in early 2026 as silver faces its 6th deficit year, while XAU rebounds at $4,534 Fib with $4,800 in sight.
Gold (XAU/USD) Price Forecast: Bearish Momentum Builds Toward Key Support Zones
Gold extends its decline after breaking a rising wedge, with bearish momentum pointing toward key Fibonacci and moving average support zones while resistance builds above.
Gold News: Gold Market Pressured by Fed Stance, Stronger Dollar, Fading Gold Breakout Hopes
Gold price drops as Fed signals higher-for-longer rates, pushing yields to 4.402% and boosting the dollar, increasing pressure on the gold market outlook.
Gold prices bounce off session lows as Powell signals patience on rates, defends Fed independence
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 dips as Fed votes 11-1 in favor of rate hold, but three dissent on easing bias
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 dips as Fed votes 11-1 in favor of rate hold, but two dissent on easing bias
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.
Bar and coin demand drives gold market as central banks stay resilient amid geopolitical strain – WGC
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 price weaker as FOMC decision nears
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 struggles as U.S. housing construction jumps 10.8% in March
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 nears session lows after U.S. durable goods rise 0.8% 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.
Gold price weaker as FOMC conclusion awaited
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 April 29 - 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 vs. Bitcoin: Oil Shock Drives Market Divergence as BTC Gains Strength
Oil-driven inflation and growth risks are creating a clear split between gold and Bitcoin, as gold stays defensive while Bitcoin gains momentum from liquidity support and a stronger BTC-to-gold ratio.
Gold Squeezed Between Safe-Haven Allure, Rate Fears as Underlying Demand Holds
Geopolitical uncertainty is expected to drive investment demand and central-bank buying, the same forces that push oil prices higher, stoke inflation and reinforce expectations of elevated interest ra...
Gold and Silver Analysis: Short-Term Pressure Builds Ahead of Powell Speech
Gold and silver remain under short-term pressure as traders await Powell's Fed guidance, while the Iran war, higher oil prices, and key support zones keep the long-term bullish outlook intact.
World Bank sees a ceiling above gold and silver prices through 2026 amid market volatility
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 remains the strategic allocation, while silver remains the tactical opportunity' – Saxo Bank's Hansen
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, silver sharply down on technical selling
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...