UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

NOTICE OF EFFECTIVENESS

Effective Date: July 14, 2008 9:30 A.M.
Form: S-1
CIK: 0001367306
Company Name: PowerShares DB Multi-Sector Commodity Trust
File Number: 333-150501
CIK: 0001383058
Company Name: PowerShares DB Oil Fund
File Number: 333-150501-15
CIK: 0001383062
Company Name: PowerShares DB Energy Fund
File Number: 333-150501-14
CIK: 0001383057
Company Name: PowerShares DB Precious Metals Fund
File Number: 333-150501-13
CIK: 0001383055
Company Name: PowerShares DB Gold Fund
File Number: 333-150501-12
CIK: 0001383054
Company Name: POWERSHARES DB SILVER FUND
File Number: 333-150501-11
CIK: 0001383084
Company Name: POWERSHARES DB BASE METALS FUND
File Number: 333-150501-10
CIK: 0001383082
Company Name: POWERSHARES DB AGRICULTURE FUND
File Number: 333-150501-09
CIK: 0001367305
Company Name: DB Multi-Sector Commodity Master Trust
File Number: 333-150501-08
CIK: 0001383061
Company Name: DB Energy Master Fund
File Number: 333-150501-07
CIK: 0001383060
Company Name: DB Oil Master Fund
File Number: 333-150501-06
CIK: 0001383059
Company Name: DB Precious Metals Master Fund
File Number: 333-150501-05
CIK: 0001383056
Company Name: DB Gold Master Fund
File Number: 333-150501-04
CIK: 0001383086
Company Name: DB SILVER MASTER FUND
File Number: 333-150501-03
CIK: 0001383083
Company Name: DB BASE METALS MASTER FUND
File Number: 333-150501-02
CIK: 0001383081
Company Name: DB AGRICULTURE MASTER FUND
File Number: 333-150501-01
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