Shares of PowerShares DB Precious Metals Fund (NYSE: DBP) traded at a new 52-week high today of $49.76. Approximately 59,000 shares have traded hands today vs. average 30-day volume of 89,000 shares.
PowerShares DB Precious Metals Fund is currently trading at $49.63, approximately 10% above its 50-day moving average of $45.14. SmarTrend will be monitoring shares of DBP to see if this bullish momentum will continue.
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