Precious Metal ETF (DBP) Hits New 52-Week High

Invesco DB Precious Metals ETF (DBP) is probably on the radar for investors seeking momentum. The fund just hit a 52-week high and has moved up 68.18% from its 52-week low price of $60.08 per share.Are more gains in store for this ETF? Let’s take a quick look at the fund and the near-term outlook on it to get a better idea of where it might be headed.DBP in FocusInvesco DB Precious Metals Fund is designed for investors seeking a cost-effective and convenient way to invest in commodity futures. It tracks the ...