Invesco DB Precious Metals Fund
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Gold Hits Unthinkable $4,730 An Ounce As Investors Flee Global Chaos—Is Greenland The Hidden Trigger Behind The Rush? - Invesco DB Precious Metals Fund (ARCA:DBP), VanEck Gold Miners ETF (ARCA:GDX)
Benzinga· 2026-01-20 12:25
Core Insights - Gold prices have reached an all-time high of over $4,730 per ounce, driven by safe-haven buying amid geopolitical tensions and a potential trade war between the U.S. and Europe over Greenland [1][2] Geopolitical Factors - The deterioration of "geo-economics" is identified as a primary driver for the rise in gold prices, with tensions escalating due to U.S. President Trump's warning of additional tariffs related to Greenland [2] - Denmark's increased military presence in the region has contributed to a "risk-off sentiment," prompting investors to seek traditional safety assets [3] Market Performance - Gold has increased by 9% in the first three weeks of 2026 and 75% over the past year, with the current price hovering around $4,723.72 per ounce [4] - Market experts predict further gains, with gold breaking out of a rising three-month channel, indicating a strong surge supported by miners [5] Technical Analysis - Immediate resistance levels for gold are identified between $4,720 and $4,760, suggesting potential price movements in the near term [5] Investment Opportunities - A list of gold and gold mining ETFs shows strong year-to-date and one-year performance, with notable returns from VanEck Gold Miners ETF and VanEck Junior Gold Miners ETF [6] Silver Market - Silver has also seen significant buying pressure, now valued at $5.287 trillion, making it the second most valuable asset globally by market capitalization, surpassing Nvidia Corp. [7]
Silver Also Glitters: 3 ETFs to Ride The Precious Metals Surge
MarketBeat· 2025-10-20 14:13
Core Insights - Gold prices have reached an all-time high of $4,300 per ounce, driven by investor preference for safe-haven assets amid trade tensions between the U.S. and China [1] - Silver has also surged, hitting $52 per ounce, marking a 60% increase since April [1] Group 1: Market Dynamics - The rally in precious metals may be influenced by both speculative trading and fundamental factors [2] - The commodities sector, particularly precious metals, is less susceptible to retail trader influence compared to individual stocks [3] - Factors driving investment in gold and silver include a weak U.S. dollar, political instability, central bank buying, and increased industrial demand [7] Group 2: Investment Vehicles - Exchange-traded funds (ETFs) are recommended for gaining exposure to precious metals without the challenges of physical ownership [4] - iShares Silver Trust (SLV) offers high liquidity and holds physical silver, with $26.95 billion in assets under management [8][9] - abrdn Physical Precious Metals Basket Shares ETF (GLTR) provides diversified exposure to multiple precious metals, with a focus on gold [10][11] - Invesco DB Precious Metals Fund (DBP) invests in futures contracts to minimize tax implications, with a unique tax treatment under Section 1256 of the tax code [12][13][14]