DBP ETF

Gold and Silver are surging, signaling concerns about global debt and fragile monetary systems; consider the Invesco DB Precious Metals Fund ETF. DBP uses the Optimum Yield™ method to manage futures contracts, aiming to mitigate contango and leverage backwardation for enhanced returns. DBP offers convenience by combining Gold and Silver exposure in one ETF, avoiding the hassle of physical metal storage and insurance.

Silver has provided significant returns, up over 40% in the last year, and may catch up to gold in the ongoing precious metal bull market. The Federal Reserve's interest rate cuts and potential increased industrial use from China could support further appreciation in silver prices. Silver's industrial demand, particularly for solar cells and electric vehicles, combined with supply deficits, suggests a strong potential for future gains.

17 June 2024 PayPoint plc (the "Company") Notification OF DIRECTOR/PDMR SHAREHOLDINGS 2024 PAYPOINT DEFERRED BONUS PLAN AWARDS The Company announces that on 14 June 2024, in accordance with the rules of the Company's Deferred Bonus Plan (the 'DBP'), the Remuneration Committee granted a deferred bonus award to the Executive Directors and Persons Discharging Managerial Responsibility (‘PDMR') under the DBP. In accordance with the rules, the DBP awards were granted in the form of a nil-cost option.

According to Kitco News, the 5-minute bar chart for Comex gold futures is a useful tool for active traders to analyze and make trading decisions. It highlights important short-term support and resistance levels to identify potential entry points for buying and selling.

(Kitco News) - Gold and silver prices are just a bit firmer in early U.S. trading Wednesday. Bullish near-term technical postures and friendly outside markets (weaker USDX and firmer crude oil) are supporting mild buying interest in both precious metals today.

Gold and silver are set to log an uptrend in their values in 2024, as per the forecasts by UBS, as quoted on CNBC.

(Kitco News) - The gold market continues to go nowhere in a hurry as hedge funds maintain relatively neutral positioning in the precious metal ahead of last week's U.S. monetary policy decision, according to the latest data from the Commodity Futures Trading Commission.

Gold futures climbed Wednesday for a third session in a row, settling at their highest since early August. The Federal Reserve is expected to keep a data-driven approach when it takes its next decisions on interest rates, and inflation and labor data will be the “most relevant data points to keep track of for the U.S. central bank,” said Carlo Alberto De Casa, external market analyst at Kinesis Money.

Gold bullion ETFs have higher chances of faring better than gold mining ETFs. Here's why.