Invesco DB Precious Metals Fund (DBP)
| Assets | $269.89M |
| Expense Ratio | 0.77% |
| PE Ratio | n/a |
| Shares Out | 2.55M |
| Dividend (ttm) | $2.50 |
| Dividend Yield | 2.63% |
| Ex-Dividend Date | Dec 22, 2025 |
| Payout Frequency | Annual |
| Payout Ratio | n/a |
| Volume | 9,418 |
| Open | 94.96 |
| Previous Close | 92.98 |
| Day's Range | 94.65 - 95.54 |
| 52-Week Low | 74.64 |
| 52-Week High | 140.76 |
| Beta | 0.24 |
| 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 | 41.09% |
| Gold Future Dec 26 | n/a | 38.27% |
| Silver Future Dec 26 | n/a | 8.77% |
| Futures Cash Collateral | n/a | 5.32% |
| Invesco Short Term Treasury ETF | TBLL | 4.43% |
| Platinum Future Oct 26 | n/a | 2.73% |
| Cash | n/a | -0.62% |
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 28.58% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.25%.
News
Gold (XAU/USD) Price Forecast: Above Trendline Signals Recovery
Gold regained its 20-day moving average and rising trendline support, signaling early stabilization as traders eye resistance near the 50-day moving average and swing highs.
Central banks boost gold reserves with net 41 tonnes purchased in May – World Gold Council
Sovereign demand for gold shot higher in May, with central bank purchases reaching the second-highest level of the year, surpassed only to February's outsized performance, according to the latest data...
‘We anticipate further upside for gold by year-end' – HSBC's Sels and Ku
Even as U.S. Treasury yields and a stronger dollar continue to limit gold's upside, growing diversification demand, central bank buying and ETF inflows should support further price gains for the yello...
Gold Weekly Price Analysis – Gold Extends Weekly Gains as Weak Thursday Jobs Fuel Cut Bets
The gold market has rallied a bit this week, as we are trying to defend the major level of $4,000. Furthermore, there is a significant lack of liquidity on Friday, as we are heading into the holiday w...
State Street's baseline scenario sees gold price as high as $5,500/oz by Q1 2027
While tactical headwinds such as high yields, a strong dollar and the threat of Fed rate hikes persist, the structural tailwinds of Asian and central bank demand and the need for diversification amid ...
Gold prices set for first weekly rise in a month as investors scale back Fed rate hike bets
Spot gold rose on Friday, putting it on course for its first weekly gain since late May. It came as investors scaled back their bets on the Federal Reserve hiking rates in September.
Gold (XAUUSD) & Silver Price Forecast: Central Bank Buying Supports Gold at $4,175 After NFP — Silver Holds $60.05?
Gold and silver focused on technical recoveries as central banks maintained net purchases following today's nonfarm payrolls. Gold broke $4,175 trendline while silver traded at $60.05.
Gold (XAU/USD) Price Forecast: Resistance Cluster Caps Upside Momentum
Gold is testing overlapping resistance near key moving averages and a rising trendline, while the broader bearish structure from the 200-day breakdown continues to cap upside momentum.
Gold Price Analysis – Gold Gains Capped by Persistent High Interest Rates
The gold market rallied on Thursday, as the jobs number in the US had disappointed traders, with an addition of just 54,000 jobs in June. The United States will be on holiday for Friday, so be aware o...
Spot gold shoots above $4,100/oz as U.S. weekly jobless claims steady at 215k
Gold prices rocketed higher and reclaimed $4,100 on Thursday morning following the release of better than expected labor market data after the number of Americans filing new claims for unemployment be...
Gold (XAUUSD) & Silver Price Forecast: Gold Holds $4,000 Triple Bottom as Silver Tests $60 Ahead of NFP — Next Leg?
Official sector demand and constrained mine supply continued to underpin gold and silver. Gold defended $4,000 pivot zone with bullish rejection wicks while silver held $60.
These are the key factors that could restart the gold rally this year, or drive prices even lower – World Gold Council H2 Outlook
Despite gold's dramatic fall from $5,500 per ounce earlier this year to below $4,000 in late June, the yellow metal is still among the top performers over the past year, and demand central banks and l...
Gold (XAU/USD) Price Forecast: Downtrend Holds Amid Resistance Test
Gold briefly rebounded above short-term support and its 10-day moving average but failed to confirm strength, keeping the broader downtrend intact as resistance persists.
Spot gold bumps up against $4,100/oz after ISM Manufacturing PMI falls to 53.3
Gold is trading near session highs on the edge of $4,100 after the latest data showed the U.S. manufacturing sector performing below expectations last month, while prices continued their recent modera...
Gold prices fall further after worst quarter in 13 years as interest rate fears hit bullion
Gold prices fell Wednesday after bullion suffered its worst quarter in 13 years. The precious metal is down from its January record high after the Iran war sent energy prices higher, reigniting inflat...
Gold (XAUUSD) & Silver Price Forecast: Gold Defends Triple Bottom at $3,973 as Silver Holds Channel Floor — Next Move?
Official sector demand and constrained mine supply continued to underpin gold and silver. Gold defended $3,973 pivot zone with bullish rejection wicks while silver held $57.52.
Gold and Silver Price Forecast: Gold Falls Below $4,000 as Fed Bets Rise
Gold and silver prices remain under pressure as Fed rate hike bets rise, the U.S. dollar strengthens, and fragile U.S.-Iran peace efforts keep inflation risks alive.
Fed turned a ‘pause in the structural bullish gold story' into ‘a deeper freeze' – J.P. Morgan's Shearer
The Federal Reserve's recent hawkish pivot has had the effect of materially prolonging the pause in gold's structural price rally, and in the near term, the base metals may offer the most attractive i...
Central banks see gold prices trading between $5,000 and $6,000 in 12 months - OMFIF Survey
Despite gold's recent volatility, central banks have little intention of backing away from the precious metal. Instead, the latest research from the Official Monetary and Financial Institutions Forum ...
Central banks see gold prices trading between $5,00 and $6,000 in 12 months - OMFIF Survey
Despite gold's recent volatility, central banks have little intention of backing away from the precious metal. Instead, the latest research from the Official Monetary and Financial Institutions Forum ...
‘Gold is not done' and sovereign demand will drive price up to $4,900/oz in 2026 – Goldman Sachs' Dart
Gold's precipitous price decline over the last four months doesn't mean the rally is over for the year, and central bank demand will drive the precious metal all the way back to the edge of $5,000, ac...
Spot gold spikes to session high $4,048/oz after Consumer Confidence at 91.2 in June
Gold prices are trading at session highs after the latest data showed a mixed picture for U.S. consumer sentiment this month.The Consumer Confidence Index rose to 91.2 in June, below economists' conse...
Gold (XAUUSD) & Silver Price Forecast: Gold Defends $4,024 Double Bottom as Silver Holds Channel Floor — Next Move?
Gold rose to $4,024 defending double bottom support while silver held $58.93 with channel floor bounce. Strong industrial demand for silver and ongoing official buying remain key long-term drivers.
China considers new import and export regime for gold which limits PBOC oversight
Chinese regulators, including customs officials and the central bank, are proposing a major overhaul of the country's existing import and export regulations governing gold and gold products, according...
Gold Price Analysis – Gold Looks for a Reason to Bounce
The gold market has dropped a bit in the early part of the trading day on Monday, as the Asian and European markets were unfavorable. At this point, the market is likely to see a lot of questions aske...
Gold (XAUUSD) & Silver Price Forecast: Gold Defends $4,049 as Silver Holds $57.97 — Next Move?
The ongoing US-Iran ceasefire amid Iran-Israel tensions allowed gold and silver to focus on technical levels. Gold rebounded off $4,049 support while silver traded at $57.97.