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<!-- DFS ActiveDisclosure(SM) XBRL Linkbase Document - http://www.dfsco.com/financial-services/ -->
<!-- Creation Date      : 2017-05-05T19:34:54.5279384+00:00 -->
<!-- Version            : 2.4.5.10 -->
<!-- Package ID         : B27E307848892E5E7A8473DCD73F2712-0001328237-001703 -->
<!-- Copyright (c) 2017 Donnelley Financial, LLC. All Rights Reserved. -->
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    <loc xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityCentralIndexKey" xlink:type="locator" xlink:label="dei_EntityCentralIndexKey" />
    <label xml:lang="en-US" xlink:label="dei_EntityCentralIndexKey_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Central Index Key</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityCentralIndexKey" xlink:to="dei_EntityCentralIndexKey_lbl" />
    <loc xlink:href="dbc-20170331.xsd#dbc_StockIssuedDuringPeriodSharesPeriodIncreaseDecreaseDueToShareTransactions" xlink:type="locator" xlink:label="dbc_StockIssuedDuringPeriodSharesPeriodIncreaseDecreaseDueToShareTransactions" />
    <label xml:lang="en-US" xlink:label="dbc_StockIssuedDuringPeriodSharesPeriodIncreaseDecreaseDueToShareTransactions_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Stock issued during period shares period increase decrease due to share transactions.</label>
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    <loc xlink:href="dbc-20170331.xsd#dbc_StockholdersEquityPeriodIncreaseDecreaseDueToShareTransactions" xlink:type="locator" xlink:label="dbc_StockholdersEquityPeriodIncreaseDecreaseDueToShareTransactions" />
    <label xml:lang="en-US" xlink:label="dbc_StockholdersEquityPeriodIncreaseDecreaseDueToShareTransactions_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Stockholders equity period increase decrease due to share transactions.</label>
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    <loc xlink:href="dbc-20170331.xsd#dbc_FinancialInstrumentsOwnedExchangeTradedFund" xlink:type="locator" xlink:label="dbc_FinancialInstrumentsOwnedExchangeTradedFund" />
    <label xml:lang="en-US" xlink:label="dbc_FinancialInstrumentsOwnedExchangeTradedFund_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Financial instruments owned exchange traded fund.</label>
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    <loc xlink:href="dbc-20170331.xsd#dbc_FinancialInstrumentsOwnedMoneyMarketMutualFundAtFairValue" xlink:type="locator" xlink:label="dbc_FinancialInstrumentsOwnedMoneyMarketMutualFundAtFairValue" />
    <label xml:lang="en-US" xlink:label="dbc_FinancialInstrumentsOwnedMoneyMarketMutualFundAtFairValue_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Financial instruments owned money market mutual fund at fair value.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dbc_FinancialInstrumentsOwnedMoneyMarketMutualFundAtFairValue" xlink:to="dbc_FinancialInstrumentsOwnedMoneyMarketMutualFundAtFairValue_lbl" />
    <loc xlink:href="dbc-20170331.xsd#dbc_DocumentAndEntityInformationAbstract" xlink:type="locator" xlink:label="dbc_DocumentAndEntityInformationAbstract" />
    <label xml:lang="en-US" xlink:label="dbc_DocumentAndEntityInformationAbstract_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Document and entity information.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dbc_DocumentAndEntityInformationAbstract" xlink:to="dbc_DocumentAndEntityInformationAbstract_lbl" />
    <label xml:lang="en-US" xlink:label="dbc_DocumentAndEntityInformationAbstract_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Document And Entity Information [Abstract]</label>
    <loc xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_DocumentType" xlink:type="locator" xlink:label="dei_DocumentType" />
    <label xml:lang="en-US" xlink:label="dei_DocumentType_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Document Type</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentType" xlink:to="dei_DocumentType_lbl" />
    <label xml:lang="en-US" xlink:label="dei_DocumentType_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Document Type</label>
    <loc xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_AmendmentFlag" xlink:type="locator" xlink:label="dei_AmendmentFlag" />
    <label xml:lang="en-US" xlink:label="dei_AmendmentFlag_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Amendment Flag</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_AmendmentFlag" xlink:to="dei_AmendmentFlag_lbl" />
    <label xml:lang="en-US" xlink:label="dei_AmendmentFlag_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Amendment Flag</label>
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    <label xml:lang="en-US" xlink:label="dei_DocumentPeriodEndDate_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Document Period End Date</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentPeriodEndDate" xlink:to="dei_DocumentPeriodEndDate_lbl" />
    <label xml:lang="en-US" xlink:label="dei_DocumentPeriodEndDate_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Document Period End Date</label>
    <loc xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_DocumentFiscalYearFocus" xlink:type="locator" xlink:label="dei_DocumentFiscalYearFocus" />
    <label xml:lang="en-US" xlink:label="dei_DocumentFiscalYearFocus_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Document Fiscal Year Focus</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentFiscalYearFocus" xlink:to="dei_DocumentFiscalYearFocus_lbl" />
    <label xml:lang="en-US" xlink:label="dei_DocumentFiscalYearFocus_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Document Fiscal Year Focus</label>
    <loc xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_DocumentFiscalPeriodFocus" xlink:type="locator" xlink:label="dei_DocumentFiscalPeriodFocus" />
    <label xml:lang="en-US" xlink:label="dei_DocumentFiscalPeriodFocus_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Document Fiscal Period Focus</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_DocumentFiscalPeriodFocus" xlink:to="dei_DocumentFiscalPeriodFocus_lbl" />
    <label xml:lang="en-US" xlink:label="dei_DocumentFiscalPeriodFocus_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Document Fiscal Period Focus</label>
    <loc xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_TradingSymbol" xlink:type="locator" xlink:label="dei_TradingSymbol" />
    <label xml:lang="en-US" xlink:label="dei_TradingSymbol_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Trading Symbol</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_TradingSymbol" xlink:to="dei_TradingSymbol_lbl" />
    <label xml:lang="en-US" xlink:label="dei_TradingSymbol_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Trading Symbol</label>
    <loc xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityRegistrantName" xlink:type="locator" xlink:label="dei_EntityRegistrantName" />
    <label xml:lang="en-US" xlink:label="dei_EntityRegistrantName_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Registrant Name</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_EntityRegistrantName" xlink:to="dei_EntityRegistrantName_lbl" />
    <label xml:lang="en-US" xlink:label="dei_EntityRegistrantName_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Entity Registrant Name</label>
    <label xml:lang="en-US" xlink:label="dei_EntityCentralIndexKey_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Entity Central Index Key</label>
    <loc xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_CurrentFiscalYearEndDate" xlink:type="locator" xlink:label="dei_CurrentFiscalYearEndDate" />
    <label xml:lang="en-US" xlink:label="dei_CurrentFiscalYearEndDate_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Current Fiscal Year End Date</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dei_CurrentFiscalYearEndDate" xlink:to="dei_CurrentFiscalYearEndDate_lbl" />
    <label xml:lang="en-US" xlink:label="dei_CurrentFiscalYearEndDate_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Current Fiscal Year End Date</label>
    <loc xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityFilerCategory" xlink:type="locator" xlink:label="dei_EntityFilerCategory" />
    <label xml:lang="en-US" xlink:label="dei_EntityFilerCategory_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Filer Category</label>
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    <label xml:lang="en-US" xlink:label="dei_EntityFilerCategory_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Entity Filer Category</label>
    <loc xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityCommonStockSharesOutstanding" xlink:type="locator" xlink:label="dei_EntityCommonStockSharesOutstanding" />
    <label xml:lang="en-US" xlink:label="dei_EntityCommonStockSharesOutstanding_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Common Stock, Shares Outstanding</label>
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    <label xml:lang="en-US" xlink:label="dei_EntityCommonStockSharesOutstanding_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Entity Common Stock Shares Outstanding</label>
    <loc xlink:href="dbc-20170331.xsd#dbc_TradingAssets" xlink:type="locator" xlink:label="dbc_TradingAssets" />
    <label xml:lang="en-US" xlink:label="dbc_TradingAssets_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Trading assets.</label>
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    <loc xlink:href="dbc-20170331.xsd#dbc_InvestmentOwnedUnrecognizedUnrealizedAppreciationDepreciationNetReclassed" xlink:type="locator" xlink:label="dbc_InvestmentOwnedUnrecognizedUnrealizedAppreciationDepreciationNetReclassed" />
    <label xml:lang="en-US" xlink:label="dbc_InvestmentOwnedUnrecognizedUnrealizedAppreciationDepreciationNetReclassed_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Investment owned unrecognized unrealized appreciation depreciation net reclassed.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dbc_InvestmentOwnedUnrecognizedUnrealizedAppreciationDepreciationNetReclassed" xlink:to="dbc_InvestmentOwnedUnrecognizedUnrealizedAppreciationDepreciationNetReclassed_lbl" />
    <loc xlink:href="dbc-20170331.xsd#dbc_NetAssetValuePerShare" xlink:type="locator" xlink:label="dbc_NetAssetValuePerShare" />
    <label xml:lang="en-US" xlink:label="dbc_NetAssetValuePerShare_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Net asset value per share.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dbc_NetAssetValuePerShare" xlink:to="dbc_NetAssetValuePerShare_lbl" />
    <loc xlink:href="dbc-20170331.xsd#dbc_MarketValuePerShare" xlink:type="locator" xlink:label="dbc_MarketValuePerShare" />
    <label xml:lang="en-US" xlink:label="dbc_MarketValuePerShare_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Market value per share.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dbc_MarketValuePerShare" xlink:to="dbc_MarketValuePerShare_lbl" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementOfFinancialPositionAbstract" xlink:type="locator" xlink:label="us-gaap_StatementOfFinancialPositionAbstract" />
    <label xml:lang="en-US" xlink:label="us-gaap_StatementOfFinancialPositionAbstract_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Statement Of Financial Position [Abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StatementOfFinancialPositionAbstract" xlink:to="us-gaap_StatementOfFinancialPositionAbstract_lbl" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_AssetsAbstract" xlink:type="locator" xlink:label="us-gaap_AssetsAbstract" />
    <label xml:lang="en-US" xlink:label="us-gaap_AssetsAbstract_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AssetsAbstract" xlink:to="us-gaap_AssetsAbstract_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_AssetsAbstract_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Assets [Abstract]</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FinancialInstrumentsOwnedUSGovernmentAndAgencyObligationsAtFairValue" xlink:type="locator" xlink:label="us-gaap_FinancialInstrumentsOwnedUSGovernmentAndAgencyObligationsAtFairValue" />
    <label xml:lang="en-US" xlink:label="us-gaap_FinancialInstrumentsOwnedUSGovernmentAndAgencyObligationsAtFairValue_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">United States Treasury Obligations, at value (cost $1,849,014,340 and $2,403,904,566, respectively)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FinancialInstrumentsOwnedUSGovernmentAndAgencyObligationsAtFairValue" xlink:to="us-gaap_FinancialInstrumentsOwnedUSGovernmentAndAgencyObligationsAtFairValue_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_FinancialInstrumentsOwnedUSGovernmentAndAgencyObligationsAtFairValue_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Financial Instruments Owned U S Government And Agency Obligations At Fair Value</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentsInAndAdvancesToAffiliatesAtFairValue" xlink:type="locator" xlink:label="us-gaap_InvestmentsInAndAdvancesToAffiliatesAtFairValue" />
    <label xml:lang="en-US" xlink:label="us-gaap_InvestmentsInAndAdvancesToAffiliatesAtFairValue_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Affiliated investments, at value (cost $345,916,498 and $131,029,805, respectively)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InvestmentsInAndAdvancesToAffiliatesAtFairValue" xlink:to="us-gaap_InvestmentsInAndAdvancesToAffiliatesAtFairValue_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_InvestmentsInAndAdvancesToAffiliatesAtFairValue_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Investments In And Advances To Affiliates At Fair Value</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentOwnedAtFairValue" xlink:type="locator" xlink:label="us-gaap_InvestmentOwnedAtFairValue" />
    <label xml:lang="en-US" xlink:label="us-gaap_InvestmentOwnedAtFairValue_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total investments, at value (cost $2,194,930,838 and $2,534,934,371, respectively)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InvestmentOwnedAtFairValue" xlink:to="us-gaap_InvestmentOwnedAtFairValue_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_InvestmentOwnedAtFairValue_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Investment Owned At Fair Value</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Cash" xlink:type="locator" xlink:label="us-gaap_Cash" />
    <label xml:lang="en-US" xlink:label="us-gaap_Cash_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cash held by custodian</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_Cash" xlink:to="us-gaap_Cash_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_Cash_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Cash</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ReceivablesFromBrokersDealersAndClearingOrganizationsAbstract" xlink:type="locator" xlink:label="us-gaap_ReceivablesFromBrokersDealersAndClearingOrganizationsAbstract" />
    <label xml:lang="en-US" xlink:label="us-gaap_ReceivablesFromBrokersDealersAndClearingOrganizationsAbstract_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Receivable for:</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ReceivablesFromBrokersDealersAndClearingOrganizationsAbstract" xlink:to="us-gaap_ReceivablesFromBrokersDealersAndClearingOrganizationsAbstract_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_ReceivablesFromBrokersDealersAndClearingOrganizationsAbstract_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Receivables From Brokers Dealers And Clearing Organizations [Abstract]</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DueFromAffiliates" xlink:type="locator" xlink:label="us-gaap_DueFromAffiliates" />
    <label xml:lang="en-US" xlink:label="us-gaap_DueFromAffiliates_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Dividends from affiliates</label>
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    <label xml:lang="en-US" xlink:label="us-gaap_DueFromAffiliates_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Due From Affiliates</label>
    <label xml:lang="en-US" xlink:label="dbc_TradingAssets_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">LME contracts</label>
    <label xml:lang="en-US" xlink:label="dbc_TradingAssets_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Trading Assets</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ReceivablesFromClearingOrganizations" xlink:type="locator" xlink:label="us-gaap_ReceivablesFromClearingOrganizations" />
    <label xml:lang="en-US" xlink:label="us-gaap_ReceivablesFromClearingOrganizations_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Variation margin</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ReceivablesFromClearingOrganizations" xlink:to="us-gaap_ReceivablesFromClearingOrganizations_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_ReceivablesFromClearingOrganizations_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Receivables From Clearing Organizations</label>
    <label xml:lang="en-US" xlink:label="dbc_InvestmentOwnedUnrecognizedUnrealizedAppreciationDepreciationNetReclassed_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net unrealized appreciation (depreciation) on Commodity Futures Contracts</label>
    <label xml:lang="en-US" xlink:label="dbc_InvestmentOwnedUnrecognizedUnrealizedAppreciationDepreciationNetReclassed_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Investment Owned Unrecognized Unrealized Appreciation Depreciation Net Reclassed</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Assets" xlink:type="locator" xlink:label="us-gaap_Assets" />
    <label xml:lang="en-US" xlink:label="us-gaap_Assets_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total assets</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_Assets" xlink:to="us-gaap_Assets_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_Assets_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Assets</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_LiabilitiesAbstract" xlink:type="locator" xlink:label="us-gaap_LiabilitiesAbstract" />
    <label xml:lang="en-US" xlink:label="us-gaap_LiabilitiesAbstract_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Liabilities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LiabilitiesAbstract" xlink:to="us-gaap_LiabilitiesAbstract_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_LiabilitiesAbstract_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Liabilities [Abstract]</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PayablesToBrokerDealersAndClearingOrganizationsAbstract" xlink:type="locator" xlink:label="us-gaap_PayablesToBrokerDealersAndClearingOrganizationsAbstract" />
    <label xml:lang="en-US" xlink:label="us-gaap_PayablesToBrokerDealersAndClearingOrganizationsAbstract_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Payable for:</label>
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    <label xml:lang="en-US" xlink:label="us-gaap_PayablesToBrokerDealersAndClearingOrganizationsAbstract_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Payables To Broker Dealers And Clearing Organizations [Abstract]</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DueToRelatedPartiesCurrentAndNoncurrent" xlink:type="locator" xlink:label="us-gaap_DueToRelatedPartiesCurrentAndNoncurrent" />
    <label xml:lang="en-US" xlink:label="us-gaap_DueToRelatedPartiesCurrentAndNoncurrent_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Management fee</label>
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    <label xml:lang="en-US" xlink:label="us-gaap_DueToRelatedPartiesCurrentAndNoncurrent_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Due To Related Parties Current And Noncurrent</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommissionsPayableToBrokerDealersAndClearingOrganizations" xlink:type="locator" xlink:label="us-gaap_CommissionsPayableToBrokerDealersAndClearingOrganizations" />
    <label xml:lang="en-US" xlink:label="us-gaap_CommissionsPayableToBrokerDealersAndClearingOrganizations_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Brokerage commissions and fees</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommissionsPayableToBrokerDealersAndClearingOrganizations" xlink:to="us-gaap_CommissionsPayableToBrokerDealersAndClearingOrganizations_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_CommissionsPayableToBrokerDealersAndClearingOrganizations_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Commissions Payable To Broker Dealers And Clearing Organizations</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_Liabilities" xlink:type="locator" xlink:label="us-gaap_Liabilities" />
    <label xml:lang="en-US" xlink:label="us-gaap_Liabilities_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total liabilities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_Liabilities" xlink:to="us-gaap_Liabilities_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_Liabilities_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Liabilities</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CommitmentsAndContingencies" xlink:type="locator" xlink:label="us-gaap_CommitmentsAndContingencies" />
    <label xml:lang="en-US" xlink:label="us-gaap_CommitmentsAndContingencies_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Commitments and Contingencies (Note 10)</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CommitmentsAndContingencies" xlink:to="us-gaap_CommitmentsAndContingencies_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_CommitmentsAndContingencies_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Commitments And Contingencies</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockholdersEquityAbstract" xlink:type="locator" xlink:label="us-gaap_StockholdersEquityAbstract" />
    <label xml:lang="en-US" xlink:label="us-gaap_StockholdersEquityAbstract_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Equity</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockholdersEquityAbstract" xlink:to="us-gaap_StockholdersEquityAbstract_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_StockholdersEquityAbstract_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Stockholders Equity [Abstract]</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GeneralPartnersCapitalAccount" xlink:type="locator" xlink:label="us-gaap_GeneralPartnersCapitalAccount" />
    <label xml:lang="en-US" xlink:label="us-gaap_GeneralPartnersCapitalAccount_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Shareholder&apos;s equity&#8212;General Shares</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_GeneralPartnersCapitalAccount" xlink:to="us-gaap_GeneralPartnersCapitalAccount_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_GeneralPartnersCapitalAccount_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">General Partners Capital Account</label>
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    <label xml:lang="en-US" xlink:label="us-gaap_LimitedPartnersCapitalAccount_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Shareholders&apos; equity&#8212;Shares</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LimitedPartnersCapitalAccount" xlink:to="us-gaap_LimitedPartnersCapitalAccount_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_LimitedPartnersCapitalAccount_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Limited Partners Capital Account</label>
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    <label xml:lang="en-US" xlink:label="us-gaap_StockholdersEquity_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total shareholders&apos; equity</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_StockholdersEquity" xlink:to="us-gaap_StockholdersEquity_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_StockholdersEquity_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Stockholders Equity</label>
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    <label xml:lang="en-US" xlink:label="us-gaap_LiabilitiesAndStockholdersEquity_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total liabilities and equity</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LiabilitiesAndStockholdersEquity" xlink:to="us-gaap_LiabilitiesAndStockholdersEquity_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_LiabilitiesAndStockholdersEquity_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Liabilities And Stockholders Equity</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GeneralPartnersCapitalAccountUnitsOutstanding" xlink:type="locator" xlink:label="us-gaap_GeneralPartnersCapitalAccountUnitsOutstanding" />
    <label xml:lang="en-US" xlink:label="us-gaap_GeneralPartnersCapitalAccountUnitsOutstanding_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">General Shares outstanding</label>
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    <label xml:lang="en-US" xlink:label="us-gaap_GeneralPartnersCapitalAccountUnitsOutstanding_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">General Partners Capital Account Units Outstanding</label>
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    <label xml:lang="en-US" xlink:label="us-gaap_LimitedPartnersCapitalAccountUnitsOutstanding_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Shares outstanding</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_LimitedPartnersCapitalAccountUnitsOutstanding" xlink:to="us-gaap_LimitedPartnersCapitalAccountUnitsOutstanding_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_LimitedPartnersCapitalAccountUnitsOutstanding_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Limited Partners Capital Account Units Outstanding</label>
    <label xml:lang="en-US" xlink:label="dbc_NetAssetValuePerShare_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net asset value per share</label>
    <label xml:lang="en-US" xlink:label="dbc_NetAssetValuePerShare_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Net Asset Value Per Share</label>
    <label xml:lang="en-US" xlink:label="dbc_MarketValuePerShare_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Market value per share</label>
    <label xml:lang="en-US" xlink:label="dbc_MarketValuePerShare_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Market Value Per Share</label>
    <loc xlink:href="dbc-20170331.xsd#dbc_InvestmentsInAndAdvancesToAffiliatesAtCost" xlink:type="locator" xlink:label="dbc_InvestmentsInAndAdvancesToAffiliatesAtCost" />
    <label xml:lang="en-US" xlink:label="dbc_InvestmentsInAndAdvancesToAffiliatesAtCost_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Investments in and advances to affiliates at cost.</label>
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    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StatementTable" xlink:type="locator" xlink:label="us-gaap_StatementTable" />
    <label xml:lang="en-US" xlink:label="us-gaap_StatementTable_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Statement [Table]</label>
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    <label xml:lang="en-US" xlink:label="us-gaap_StatementTable_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Statement [Table]</label>
    <loc xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_LegalEntityAxis" xlink:type="locator" xlink:label="dei_LegalEntityAxis" />
    <label xml:lang="en-US" xlink:label="dei_LegalEntityAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Legal Entity</label>
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    <label xml:lang="en-US" xlink:label="dei_LegalEntityAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Legal Entity [Axis]</label>
    <loc xlink:href="http://xbrl.sec.gov/dei/2014/dei-2014-01-31.xsd#dei_EntityDomain" xlink:type="locator" xlink:label="dei_EntityDomain" />
    <label xml:lang="en-US" xlink:label="dei_EntityDomain_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity</label>
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    <label xml:lang="en-US" xlink:label="us-gaap_AffiliatedEntityMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Affiliated Investments [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AffiliatedEntityMember" xlink:to="us-gaap_AffiliatedEntityMember_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_AffiliatedEntityMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Affiliated Entity [Member]</label>
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    <label xml:lang="en-US" xlink:label="us-gaap_USTreasuryBillSecuritiesMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">US Treasury Bill Securities [Member]</label>
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    <label xml:lang="en-US" xlink:label="us-gaap_StatementLineItems_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Statement [Line Items]</label>
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    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentOwnedAtCost" xlink:type="locator" xlink:label="us-gaap_InvestmentOwnedAtCost" />
    <label xml:lang="en-US" xlink:label="us-gaap_InvestmentOwnedAtCost_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Investments, cost</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InvestmentOwnedAtCost" xlink:to="us-gaap_InvestmentOwnedAtCost_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_InvestmentOwnedAtCost_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Investment Owned At Cost</label>
    <label xml:lang="en-US" xlink:label="dbc_InvestmentsInAndAdvancesToAffiliatesAtCost_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Affiliated Investments, at Cost</label>
    <label xml:lang="en-US" xlink:label="dbc_InvestmentsInAndAdvancesToAffiliatesAtCost_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Investments In And Advances To Affiliates At Cost</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfInvestmentsAbstract" xlink:type="locator" xlink:label="us-gaap_ScheduleOfInvestmentsAbstract" />
    <label xml:lang="en-US" xlink:label="us-gaap_ScheduleOfInvestmentsAbstract_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Schedule Of Investments [Abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfInvestmentsAbstract" xlink:to="us-gaap_ScheduleOfInvestmentsAbstract_lbl" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfInvestmentsTable" xlink:type="locator" xlink:label="us-gaap_ScheduleOfInvestmentsTable" />
    <label xml:lang="en-US" xlink:label="us-gaap_ScheduleOfInvestmentsTable_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule Of Investments [Table]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfInvestmentsTable" xlink:to="us-gaap_ScheduleOfInvestmentsTable_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_ScheduleOfInvestmentsTable_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Schedule Of Investments [Table]</label>
    <loc xlink:href="dbc-20170331.xsd#dbc_USTreasuryBillsZeroPointFiveSevenZeroPercentageDueAprilSixTwoThousandSeventeenMember" xlink:type="locator" xlink:label="dbc_USTreasuryBillsZeroPointFiveSevenZeroPercentageDueAprilSixTwoThousandSeventeenMember" />
    <label xml:lang="en-US" xlink:label="dbc_USTreasuryBillsZeroPointFiveSevenZeroPercentageDueAprilSixTwoThousandSeventeenMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">US treasury bills zero point five seven zero percentage due April six two thousand seventeen.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dbc_USTreasuryBillsZeroPointFiveSevenZeroPercentageDueAprilSixTwoThousandSeventeenMember" xlink:to="dbc_USTreasuryBillsZeroPointFiveSevenZeroPercentageDueAprilSixTwoThousandSeventeenMember_lbl" />
    <label xml:lang="en-US" xlink:label="dbc_USTreasuryBillsZeroPointFiveSevenZeroPercentageDueAprilSixTwoThousandSeventeenMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">U.S. Treasury Bills, 0.570% due April 6, 2017 [Member]</label>
    <label xml:lang="en-US" xlink:label="dbc_USTreasuryBillsZeroPointFiveSevenZeroPercentageDueAprilSixTwoThousandSeventeenMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">U S Treasury Bills Zero Point Five Seven Zero Percentage Due April Six Two Thousand Seventeen [Member]</label>
    <loc xlink:href="dbc-20170331.xsd#dbc_USTreasuryBillsZeroPointSevenFourFivePercentageDueAprilTwentySevenTwoThousandSeventeenMember" xlink:type="locator" xlink:label="dbc_USTreasuryBillsZeroPointSevenFourFivePercentageDueAprilTwentySevenTwoThousandSeventeenMember" />
    <label xml:lang="en-US" xlink:label="dbc_USTreasuryBillsZeroPointSevenFourFivePercentageDueAprilTwentySevenTwoThousandSeventeenMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">US treasury bills zero point seven four five percentage due April twenty seven two thousand seventeen.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dbc_USTreasuryBillsZeroPointSevenFourFivePercentageDueAprilTwentySevenTwoThousandSeventeenMember" xlink:to="dbc_USTreasuryBillsZeroPointSevenFourFivePercentageDueAprilTwentySevenTwoThousandSeventeenMember_lbl" />
    <label xml:lang="en-US" xlink:label="dbc_USTreasuryBillsZeroPointSevenFourFivePercentageDueAprilTwentySevenTwoThousandSeventeenMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">U.S. Treasury Bills, 0.745% due April 27, 2017 [Member]</label>
    <label xml:lang="en-US" xlink:label="dbc_USTreasuryBillsZeroPointSevenFourFivePercentageDueAprilTwentySevenTwoThousandSeventeenMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">U S Treasury Bills Zero Point Seven Four Five Percentage Due April Twenty Seven Two Thousand Seventeen [Member]</label>
    <loc xlink:href="dbc-20170331.xsd#dbc_USTreasuryBillsZeroPointSevenTwoZeroPercentageDueMayEighteenTwoThousandSeventeenMember" xlink:type="locator" xlink:label="dbc_USTreasuryBillsZeroPointSevenTwoZeroPercentageDueMayEighteenTwoThousandSeventeenMember" />
    <label xml:lang="en-US" xlink:label="dbc_USTreasuryBillsZeroPointSevenTwoZeroPercentageDueMayEighteenTwoThousandSeventeenMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">US treasury bills zero point seven two zero percentage due May eighteen two thousand seventeen.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dbc_USTreasuryBillsZeroPointSevenTwoZeroPercentageDueMayEighteenTwoThousandSeventeenMember" xlink:to="dbc_USTreasuryBillsZeroPointSevenTwoZeroPercentageDueMayEighteenTwoThousandSeventeenMember_lbl" />
    <label xml:lang="en-US" xlink:label="dbc_USTreasuryBillsZeroPointSevenTwoZeroPercentageDueMayEighteenTwoThousandSeventeenMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">U.S. Treasury Bills, 0.720% due May 18, 2017 [Member]</label>
    <label xml:lang="en-US" xlink:label="dbc_USTreasuryBillsZeroPointSevenTwoZeroPercentageDueMayEighteenTwoThousandSeventeenMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">U S Treasury Bills Zero Point Seven Two Zero Percentage Due May Eighteen Two Thousand Seventeen [Member]</label>
    <loc xlink:href="dbc-20170331.xsd#dbc_USTreasuryBillsZeroPointFiveOneFivePercentageDueJuneOneTwoThousandSeventeenMember" xlink:type="locator" xlink:label="dbc_USTreasuryBillsZeroPointFiveOneFivePercentageDueJuneOneTwoThousandSeventeenMember" />
    <label xml:lang="en-US" xlink:label="dbc_USTreasuryBillsZeroPointFiveOneFivePercentageDueJuneOneTwoThousandSeventeenMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">US treasury bills zero point five one five percentage due June one two thousand seventeen.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dbc_USTreasuryBillsZeroPointFiveOneFivePercentageDueJuneOneTwoThousandSeventeenMember" xlink:to="dbc_USTreasuryBillsZeroPointFiveOneFivePercentageDueJuneOneTwoThousandSeventeenMember_lbl" />
    <label xml:lang="en-US" xlink:label="dbc_USTreasuryBillsZeroPointFiveOneFivePercentageDueJuneOneTwoThousandSeventeenMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">U.S. Treasury Bills, 0.515% due June 1, 2017 [Member]</label>
    <label xml:lang="en-US" xlink:label="dbc_USTreasuryBillsZeroPointFiveOneFivePercentageDueJuneOneTwoThousandSeventeenMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">U S Treasury Bills Zero Point Five One Five Percentage Due June One Two Thousand Seventeen [Member]</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_USTreasuryAndGovernmentMember" xlink:type="locator" xlink:label="us-gaap_USTreasuryAndGovernmentMember" />
    <label xml:lang="en-US" xlink:label="us-gaap_USTreasuryAndGovernmentMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">US Treasury Bill Securities [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_USTreasuryAndGovernmentMember" xlink:to="us-gaap_USTreasuryAndGovernmentMember_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_USTreasuryAndGovernmentMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">U S Treasury And Government [Member]</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ExchangeTradedFundsMember" xlink:type="locator" xlink:label="us-gaap_ExchangeTradedFundsMember" />
    <label xml:lang="en-US" xlink:label="us-gaap_ExchangeTradedFundsMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Exchange-Traded Fund - PowerShares Treasury Collateral Portfolio [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ExchangeTradedFundsMember" xlink:to="us-gaap_ExchangeTradedFundsMember_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_ExchangeTradedFundsMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Exchange Traded Funds [Member]</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_MoneyMarketFundsMember" xlink:type="locator" xlink:label="us-gaap_MoneyMarketFundsMember" />
    <label xml:lang="en-US" xlink:label="us-gaap_MoneyMarketFundsMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Money Market Mutual Fund - Premier U.S. Government Money Portfolio - Institutional Class [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_MoneyMarketFundsMember" xlink:to="us-gaap_MoneyMarketFundsMember_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_MoneyMarketFundsMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Money Market Funds [Member]</label>
    <loc xlink:href="dbc-20170331.xsd#dbc_USTreasuryBillsZeroPointFourNineZeroPercentageDueJanuaryNineteenTwoThousandSeventeenMember" xlink:type="locator" xlink:label="dbc_USTreasuryBillsZeroPointFourNineZeroPercentageDueJanuaryNineteenTwoThousandSeventeenMember" />
    <label xml:lang="en-US" xlink:label="dbc_USTreasuryBillsZeroPointFourNineZeroPercentageDueJanuaryNineteenTwoThousandSeventeenMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">US treasury bills zero point four nine zero percentage due January nineteen two thousand seventeen.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dbc_USTreasuryBillsZeroPointFourNineZeroPercentageDueJanuaryNineteenTwoThousandSeventeenMember" xlink:to="dbc_USTreasuryBillsZeroPointFourNineZeroPercentageDueJanuaryNineteenTwoThousandSeventeenMember_lbl" />
    <label xml:lang="en-US" xlink:label="dbc_USTreasuryBillsZeroPointFourNineZeroPercentageDueJanuaryNineteenTwoThousandSeventeenMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">U.S. Treasury Bills, 0.490% due January 19, 2017 [Member]</label>
    <label xml:lang="en-US" xlink:label="dbc_USTreasuryBillsZeroPointFourNineZeroPercentageDueJanuaryNineteenTwoThousandSeventeenMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">U S Treasury Bills Zero Point Four Nine Zero Percentage Due January Nineteen Two Thousand Seventeen [Member]</label>
    <loc xlink:href="dbc-20170331.xsd#dbc_USTreasuryBillsZeroPointFourEightFivePercentageDueJanuaryTwentySixTwoThousandSeventeenMember" xlink:type="locator" xlink:label="dbc_USTreasuryBillsZeroPointFourEightFivePercentageDueJanuaryTwentySixTwoThousandSeventeenMember" />
    <label xml:lang="en-US" xlink:label="dbc_USTreasuryBillsZeroPointFourEightFivePercentageDueJanuaryTwentySixTwoThousandSeventeenMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">US treasury bills zero point four eight five percentage due January twenty six two thousand seventeen.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dbc_USTreasuryBillsZeroPointFourEightFivePercentageDueJanuaryTwentySixTwoThousandSeventeenMember" xlink:to="dbc_USTreasuryBillsZeroPointFourEightFivePercentageDueJanuaryTwentySixTwoThousandSeventeenMember_lbl" />
    <label xml:lang="en-US" xlink:label="dbc_USTreasuryBillsZeroPointFourEightFivePercentageDueJanuaryTwentySixTwoThousandSeventeenMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">U.S. Treasury Bills, 0.485% due January 26, 2017 [Member]</label>
    <label xml:lang="en-US" xlink:label="dbc_USTreasuryBillsZeroPointFourEightFivePercentageDueJanuaryTwentySixTwoThousandSeventeenMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">U S Treasury Bills Zero Point Four Eight Five Percentage Due January Twenty Six Two Thousand Seventeen [Member]</label>
    <loc xlink:href="dbc-20170331.xsd#dbc_USTreasuryBillsZeroPointFourNineZeroPercentageDueMarchTwoTwoThousandSeventeenMember" xlink:type="locator" xlink:label="dbc_USTreasuryBillsZeroPointFourNineZeroPercentageDueMarchTwoTwoThousandSeventeenMember" />
    <label xml:lang="en-US" xlink:label="dbc_USTreasuryBillsZeroPointFourNineZeroPercentageDueMarchTwoTwoThousandSeventeenMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">US treasury bills zero point four nine zero percentage due March two two thousand seventeen.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dbc_USTreasuryBillsZeroPointFourNineZeroPercentageDueMarchTwoTwoThousandSeventeenMember" xlink:to="dbc_USTreasuryBillsZeroPointFourNineZeroPercentageDueMarchTwoTwoThousandSeventeenMember_lbl" />
    <label xml:lang="en-US" xlink:label="dbc_USTreasuryBillsZeroPointFourNineZeroPercentageDueMarchTwoTwoThousandSeventeenMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">U.S. Treasury Bills, 0.490% due March 2, 2017 [Member]</label>
    <label xml:lang="en-US" xlink:label="dbc_USTreasuryBillsZeroPointFourNineZeroPercentageDueMarchTwoTwoThousandSeventeenMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">U S Treasury Bills Zero Point Four Nine Zero Percentage Due March Two Two Thousand Seventeen [Member]</label>
    <loc xlink:href="dbc-20170331.xsd#dbc_USTreasuryBillsZeroPointFiveThreeZeroPercentageDueAprilSixTwoThousandSeventeenMember" xlink:type="locator" xlink:label="dbc_USTreasuryBillsZeroPointFiveThreeZeroPercentageDueAprilSixTwoThousandSeventeenMember" />
    <label xml:lang="en-US" xlink:label="dbc_USTreasuryBillsZeroPointFiveThreeZeroPercentageDueAprilSixTwoThousandSeventeenMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">US treasury bills zero point five three zero percentage due April six two thousand seventeen.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dbc_USTreasuryBillsZeroPointFiveThreeZeroPercentageDueAprilSixTwoThousandSeventeenMember" xlink:to="dbc_USTreasuryBillsZeroPointFiveThreeZeroPercentageDueAprilSixTwoThousandSeventeenMember_lbl" />
    <label xml:lang="en-US" xlink:label="dbc_USTreasuryBillsZeroPointFiveThreeZeroPercentageDueAprilSixTwoThousandSeventeenMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">U.S. Treasury Bills, 0.530% due April 6, 2017 [Member]</label>
    <label xml:lang="en-US" xlink:label="dbc_USTreasuryBillsZeroPointFiveThreeZeroPercentageDueAprilSixTwoThousandSeventeenMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">U S Treasury Bills Zero Point Five Three Zero Percentage Due April Six Two Thousand Seventeen [Member]</label>
    <loc xlink:href="dbc-20170331.xsd#dbc_USTreasuryBillsZeroPointSixTwoFivePercentageDueMayEighteenTwoThousandSeventeenMember" xlink:type="locator" xlink:label="dbc_USTreasuryBillsZeroPointSixTwoFivePercentageDueMayEighteenTwoThousandSeventeenMember" />
    <label xml:lang="en-US" xlink:label="dbc_USTreasuryBillsZeroPointSixTwoFivePercentageDueMayEighteenTwoThousandSeventeenMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">US treasury bills zero point six two five percentage due May eighteen two thousand seventeen.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dbc_USTreasuryBillsZeroPointSixTwoFivePercentageDueMayEighteenTwoThousandSeventeenMember" xlink:to="dbc_USTreasuryBillsZeroPointSixTwoFivePercentageDueMayEighteenTwoThousandSeventeenMember_lbl" />
    <label xml:lang="en-US" xlink:label="dbc_USTreasuryBillsZeroPointSixTwoFivePercentageDueMayEighteenTwoThousandSeventeenMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">U.S. Treasury Bills, 0.625% due May 18, 2017 [Member]</label>
    <label xml:lang="en-US" xlink:label="dbc_USTreasuryBillsZeroPointSixTwoFivePercentageDueMayEighteenTwoThousandSeventeenMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">U S Treasury Bills Zero Point Six Two Five Percentage Due May Eighteen Two Thousand Seventeen [Member]</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfInvestmentsLineItems" xlink:type="locator" xlink:label="us-gaap_ScheduleOfInvestmentsLineItems" />
    <label xml:lang="en-US" xlink:label="us-gaap_ScheduleOfInvestmentsLineItems_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule of Investments [Line Items]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ScheduleOfInvestmentsLineItems" xlink:to="us-gaap_ScheduleOfInvestmentsLineItems_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_ScheduleOfInvestmentsLineItems_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Schedule Of Investments [Line Items]</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentOwnedPercentOfNetAssets" xlink:type="locator" xlink:label="us-gaap_InvestmentOwnedPercentOfNetAssets" />
    <label xml:lang="en-US" xlink:label="us-gaap_InvestmentOwnedPercentOfNetAssets_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Percentage of Shareholders&apos; Equity</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InvestmentOwnedPercentOfNetAssets" xlink:to="us-gaap_InvestmentOwnedPercentOfNetAssets_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_InvestmentOwnedPercentOfNetAssets_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Investment Owned Percent Of Net Assets</label>
    <label xml:lang="en-US" xlink:label="us-gaap_FinancialInstrumentsOwnedUSGovernmentAndAgencyObligationsAtFairValue_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Value</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentOwnedUnderlyingFaceAmountAtMarketValue" xlink:type="locator" xlink:label="us-gaap_InvestmentOwnedUnderlyingFaceAmountAtMarketValue" />
    <label xml:lang="en-US" xlink:label="us-gaap_InvestmentOwnedUnderlyingFaceAmountAtMarketValue_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Principal Value</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InvestmentOwnedUnderlyingFaceAmountAtMarketValue" xlink:to="us-gaap_InvestmentOwnedUnderlyingFaceAmountAtMarketValue_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_InvestmentOwnedUnderlyingFaceAmountAtMarketValue_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Investment Owned Underlying Face Amount At Market Value</label>
    <label xml:lang="en-US" xlink:label="us-gaap_InvestmentsInAndAdvancesToAffiliatesAtFairValue_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Affiliated investments, at value</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentsInAndAdvancesToAffiliatesBalanceShares" xlink:type="locator" xlink:label="us-gaap_InvestmentsInAndAdvancesToAffiliatesBalanceShares" />
    <label xml:lang="en-US" xlink:label="us-gaap_InvestmentsInAndAdvancesToAffiliatesBalanceShares_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Shares</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InvestmentsInAndAdvancesToAffiliatesBalanceShares" xlink:to="us-gaap_InvestmentsInAndAdvancesToAffiliatesBalanceShares_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_InvestmentsInAndAdvancesToAffiliatesBalanceShares_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Investments In And Advances To Affiliates Balance Shares</label>
    <label xml:lang="en-US" xlink:label="us-gaap_InvestmentOwnedAtFairValue_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Total Investments</label>
    <loc xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentInterestRate" xlink:type="locator" xlink:label="invest_InvestmentInterestRate" />
    <label xml:lang="en-US" xlink:label="invest_InvestmentInterestRate_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Investment Interest Rate</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="invest_InvestmentInterestRate" xlink:to="invest_InvestmentInterestRate_lbl" />
    <label xml:lang="en-US" xlink:label="invest_InvestmentInterestRate_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Investment Interest Rate</label>
    <loc xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentMaturityDate1" xlink:type="locator" xlink:label="invest_InvestmentMaturityDate1" />
    <label xml:lang="en-US" xlink:label="invest_InvestmentMaturityDate1_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Investment Maturity Date</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="invest_InvestmentMaturityDate1" xlink:to="invest_InvestmentMaturityDate1_lbl" />
    <label xml:lang="en-US" xlink:label="invest_InvestmentMaturityDate1_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Investment Maturity Date1</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_GoodFaithAndMarginDepositsWithBrokerDealers" xlink:type="locator" xlink:label="us-gaap_GoodFaithAndMarginDepositsWithBrokerDealers" />
    <label xml:lang="en-US" xlink:label="us-gaap_GoodFaithAndMarginDepositsWithBrokerDealers_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Restricted for maintenance margin</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_GoodFaithAndMarginDepositsWithBrokerDealers" xlink:to="us-gaap_GoodFaithAndMarginDepositsWithBrokerDealers_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_GoodFaithAndMarginDepositsWithBrokerDealers_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Good Faith And Margin Deposits With Broker Dealers</label>
    <loc xlink:href="dbc-20170331.xsd#dbc_InvestmentOwnedUnrealizedAppreciationDepreciationNetPercentageInvestmentOwned" xlink:type="locator" xlink:label="dbc_InvestmentOwnedUnrealizedAppreciationDepreciationNetPercentageInvestmentOwned" />
    <label xml:lang="en-US" xlink:label="dbc_InvestmentOwnedUnrealizedAppreciationDepreciationNetPercentageInvestmentOwned_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">This element represents the net percentage excess or deficiency of the fair value of an investment (security, contract) over or under its cost (face amount, notional amount), respectively, which excess value or deficiency has not been recognized in earnings of the entity.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dbc_InvestmentOwnedUnrealizedAppreciationDepreciationNetPercentageInvestmentOwned" xlink:to="dbc_InvestmentOwnedUnrealizedAppreciationDepreciationNetPercentageInvestmentOwned_lbl" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FutureMember" xlink:type="locator" xlink:label="us-gaap_FutureMember" />
    <label xml:lang="en-US" xlink:label="us-gaap_FutureMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Futures [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_FutureMember" xlink:to="us-gaap_FutureMember_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_FutureMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Future [Member]</label>
    <loc xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentHoldingAxis" xlink:type="locator" xlink:label="invest_InvestmentHoldingAxis" />
    <label xml:lang="en-US" xlink:label="invest_InvestmentHoldingAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Investment Holding</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="invest_InvestmentHoldingAxis" xlink:to="invest_InvestmentHoldingAxis_lbl" />
    <label xml:lang="en-US" xlink:label="invest_InvestmentHoldingAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Investment Holding [Axis]</label>
    <loc xlink:href="http://xbrl.sec.gov/invest/2013/invest-2013-01-31.xsd#invest_InvestmentHoldingDomain" xlink:type="locator" xlink:label="invest_InvestmentHoldingDomain" />
    <label xml:lang="en-US" xlink:label="invest_InvestmentHoldingDomain_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Investment Holding</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="invest_InvestmentHoldingDomain" xlink:to="invest_InvestmentHoldingDomain_lbl" />
    <label xml:lang="en-US" xlink:label="invest_InvestmentHoldingDomain_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Investment Holding [Domain]</label>
    <loc xlink:href="dbc-20170331.xsd#dbc_CornMember" xlink:type="locator" xlink:label="dbc_CornMember" />
    <label xml:lang="en-US" xlink:label="dbc_CornMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Corn [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dbc_CornMember" xlink:to="dbc_CornMember_lbl" />
    <label xml:lang="en-US" xlink:label="dbc_CornMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Corn [Member]</label>
    <label xml:lang="en-US" xlink:label="dbc_CornMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Corn [Member]</label>
    <loc xlink:href="dbc-20170331.xsd#dbc_SoybeanMember" xlink:type="locator" xlink:label="dbc_SoybeanMember" />
    <label xml:lang="en-US" xlink:label="dbc_SoybeanMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Soybean.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dbc_SoybeanMember" xlink:to="dbc_SoybeanMember_lbl" />
    <label xml:lang="en-US" xlink:label="dbc_SoybeanMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Soybean [Member]</label>
    <label xml:lang="en-US" xlink:label="dbc_SoybeanMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Soybean [Member]</label>
    <loc xlink:href="dbc-20170331.xsd#dbc_WheatMember" xlink:type="locator" xlink:label="dbc_WheatMember" />
    <label xml:lang="en-US" xlink:label="dbc_WheatMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Wheat commodities.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dbc_WheatMember" xlink:to="dbc_WheatMember_lbl" />
    <label xml:lang="en-US" xlink:label="dbc_WheatMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Wheat [Member]</label>
    <label xml:lang="en-US" xlink:label="dbc_WheatMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Wheat [Member]</label>
    <loc xlink:href="dbc-20170331.xsd#dbc_GoldMember" xlink:type="locator" xlink:label="dbc_GoldMember" />
    <label xml:lang="en-US" xlink:label="dbc_GoldMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Gold.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dbc_GoldMember" xlink:to="dbc_GoldMember_lbl" />
    <label xml:lang="en-US" xlink:label="dbc_GoldMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Gold [Member]</label>
    <label xml:lang="en-US" xlink:label="dbc_GoldMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Gold [Member]</label>
    <loc xlink:href="dbc-20170331.xsd#dbc_SilverMember" xlink:type="locator" xlink:label="dbc_SilverMember" />
    <label xml:lang="en-US" xlink:label="dbc_SilverMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Silver.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dbc_SilverMember" xlink:to="dbc_SilverMember_lbl" />
    <label xml:lang="en-US" xlink:label="dbc_SilverMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Silver [Member]</label>
    <label xml:lang="en-US" xlink:label="dbc_SilverMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Silver [Member]</label>
    <loc xlink:href="dbc-20170331.xsd#dbc_BrentCrudeOilMember" xlink:type="locator" xlink:label="dbc_BrentCrudeOilMember" />
    <label xml:lang="en-US" xlink:label="dbc_BrentCrudeOilMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Brent crude oil.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dbc_BrentCrudeOilMember" xlink:to="dbc_BrentCrudeOilMember_lbl" />
    <label xml:lang="en-US" xlink:label="dbc_BrentCrudeOilMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Brent Crude Oil [Member]</label>
    <label xml:lang="en-US" xlink:label="dbc_BrentCrudeOilMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Brent Crude Oil [Member]</label>
    <loc xlink:href="dbc-20170331.xsd#dbc_AluminumMember" xlink:type="locator" xlink:label="dbc_AluminumMember" />
    <label xml:lang="en-US" xlink:label="dbc_AluminumMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Aluminum.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dbc_AluminumMember" xlink:to="dbc_AluminumMember_lbl" />
    <label xml:lang="en-US" xlink:label="dbc_AluminumMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Aluminum [Member]</label>
    <label xml:lang="en-US" xlink:label="dbc_AluminumMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Aluminum [Member]</label>
    <loc xlink:href="dbc-20170331.xsd#dbc_CopperMember" xlink:type="locator" xlink:label="dbc_CopperMember" />
    <label xml:lang="en-US" xlink:label="dbc_CopperMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Copper.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dbc_CopperMember" xlink:to="dbc_CopperMember_lbl" />
    <label xml:lang="en-US" xlink:label="dbc_CopperMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Copper [Member]</label>
    <label xml:lang="en-US" xlink:label="dbc_CopperMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Copper [Member]</label>
    <loc xlink:href="dbc-20170331.xsd#dbc_ZincMember" xlink:type="locator" xlink:label="dbc_ZincMember" />
    <label xml:lang="en-US" xlink:label="dbc_ZincMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Zinc.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dbc_ZincMember" xlink:to="dbc_ZincMember_lbl" />
    <label xml:lang="en-US" xlink:label="dbc_ZincMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Zinc [Member]</label>
    <label xml:lang="en-US" xlink:label="dbc_ZincMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Zinc [Member]</label>
    <loc xlink:href="dbc-20170331.xsd#dbc_SugarMember" xlink:type="locator" xlink:label="dbc_SugarMember" />
    <label xml:lang="en-US" xlink:label="dbc_SugarMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Sugar.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dbc_SugarMember" xlink:to="dbc_SugarMember_lbl" />
    <label xml:lang="en-US" xlink:label="dbc_SugarMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Sugar [Member]</label>
    <label xml:lang="en-US" xlink:label="dbc_SugarMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Sugar [Member]</label>
    <loc xlink:href="dbc-20170331.xsd#dbc_NaturalGasMember" xlink:type="locator" xlink:label="dbc_NaturalGasMember" />
    <label xml:lang="en-US" xlink:label="dbc_NaturalGasMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Natural gas.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dbc_NaturalGasMember" xlink:to="dbc_NaturalGasMember_lbl" />
    <label xml:lang="en-US" xlink:label="dbc_NaturalGasMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Natural Gas [Member]</label>
    <label xml:lang="en-US" xlink:label="dbc_NaturalGasMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Natural Gas [Member]</label>
    <loc xlink:href="dbc-20170331.xsd#dbc_NYHarborULSDMember" xlink:type="locator" xlink:label="dbc_NYHarborULSDMember" />
    <label xml:lang="en-US" xlink:label="dbc_NYHarborULSDMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">NY Harbor ULSD.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dbc_NYHarborULSDMember" xlink:to="dbc_NYHarborULSDMember_lbl" />
    <label xml:lang="en-US" xlink:label="dbc_NYHarborULSDMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">NY Harbor ULSD [Member]</label>
    <label xml:lang="en-US" xlink:label="dbc_NYHarborULSDMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">N Y Harbor U L S D [Member]</label>
    <loc xlink:href="dbc-20170331.xsd#dbc_RBOBGasolineMember" xlink:type="locator" xlink:label="dbc_RBOBGasolineMember" />
    <label xml:lang="en-US" xlink:label="dbc_RBOBGasolineMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">RBOB Gasoline.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dbc_RBOBGasolineMember" xlink:to="dbc_RBOBGasolineMember_lbl" />
    <label xml:lang="en-US" xlink:label="dbc_RBOBGasolineMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">RBOB Gasoline [Member]</label>
    <label xml:lang="en-US" xlink:label="dbc_RBOBGasolineMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">R B O B Gasoline [Member]</label>
    <loc xlink:href="dbc-20170331.xsd#dbc_WTICrudeOilMember" xlink:type="locator" xlink:label="dbc_WTICrudeOilMember" />
    <label xml:lang="en-US" xlink:label="dbc_WTICrudeOilMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">WTI crude oil.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dbc_WTICrudeOilMember" xlink:to="dbc_WTICrudeOilMember_lbl" />
    <label xml:lang="en-US" xlink:label="dbc_WTICrudeOilMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">WTI Crude Oil [Member]</label>
    <label xml:lang="en-US" xlink:label="dbc_WTICrudeOilMember_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">W T I Crude Oil [Member]</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentSecondaryCategorizationAxis" xlink:type="locator" xlink:label="us-gaap_InvestmentSecondaryCategorizationAxis" />
    <label xml:lang="en-US" xlink:label="us-gaap_InvestmentSecondaryCategorizationAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Investment Secondary Categorization</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InvestmentSecondaryCategorizationAxis" xlink:to="us-gaap_InvestmentSecondaryCategorizationAxis_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_InvestmentSecondaryCategorizationAxis_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Investment Secondary Categorization [Axis]</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentsBySecondaryCategorizationDomain" xlink:type="locator" xlink:label="us-gaap_InvestmentsBySecondaryCategorizationDomain" />
    <label xml:lang="en-US" xlink:label="us-gaap_InvestmentsBySecondaryCategorizationDomain_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Investments by Secondary Categorization</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InvestmentsBySecondaryCategorizationDomain" xlink:to="us-gaap_InvestmentsBySecondaryCategorizationDomain_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_InvestmentsBySecondaryCategorizationDomain_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Investments By Secondary Categorization [Domain]</label>
    <loc xlink:href="http://xbrl.sec.gov/exch/2016/exch-2016-01-31.xsd#exch_CBTS" xlink:type="locator" xlink:label="exch_CBTS" />
    <label xml:lang="en-US" xlink:label="exch_CBTS_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">CME SWAPS MARKETS (CBOT) [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="exch_CBTS" xlink:to="exch_CBTS_lbl" />
    <label xml:lang="en-US" xlink:label="exch_CBTS_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">C B T S</label>
    <loc xlink:href="http://xbrl.sec.gov/exch/2016/exch-2016-01-31.xsd#exch_CECS" xlink:type="locator" xlink:label="exch_CECS" />
    <label xml:lang="en-US" xlink:label="exch_CECS_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">CME SWAPS MARKETS (COMEX) [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="exch_CECS" xlink:to="exch_CECS_lbl" />
    <label xml:lang="en-US" xlink:label="exch_CECS_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">C E C S</label>
    <loc xlink:href="http://xbrl.sec.gov/exch/2016/exch-2016-01-31.xsd#exch_IFEU" xlink:type="locator" xlink:label="exch_IFEU" />
    <label xml:lang="en-US" xlink:label="exch_IFEU_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">ICE FUTURES EUROPE [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="exch_IFEU" xlink:to="exch_IFEU_lbl" />
    <label xml:lang="en-US" xlink:label="exch_IFEU_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">I F E U</label>
    <loc xlink:href="http://xbrl.sec.gov/exch/2016/exch-2016-01-31.xsd#exch_LMEC" xlink:type="locator" xlink:label="exch_LMEC" />
    <label xml:lang="en-US" xlink:label="exch_LMEC_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">LME CLEAR [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="exch_LMEC" xlink:to="exch_LMEC_lbl" />
    <label xml:lang="en-US" xlink:label="exch_LMEC_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">L M E C</label>
    <loc xlink:href="http://xbrl.sec.gov/exch/2016/exch-2016-01-31.xsd#exch_IFUS" xlink:type="locator" xlink:label="exch_IFUS" />
    <label xml:lang="en-US" xlink:label="exch_IFUS_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">ICE FUTURES U.S. [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="exch_IFUS" xlink:to="exch_IFUS_lbl" />
    <label xml:lang="en-US" xlink:label="exch_IFUS_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">I F U S</label>
    <loc xlink:href="http://xbrl.sec.gov/exch/2016/exch-2016-01-31.xsd#exch_NYMS" xlink:type="locator" xlink:label="exch_NYMS" />
    <label xml:lang="en-US" xlink:label="exch_NYMS_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">CME SWAPS MARKETS (NYMEX) [Member]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="exch_NYMS" xlink:to="exch_NYMS_lbl" />
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    <label xml:lang="en-US" xlink:label="us-gaap_StockIssuedDuringPeriodValueNewIssues_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Stock Issued During Period Value New Issues</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockIssuedDuringPeriodSharesNewIssues" xlink:type="locator" xlink:label="us-gaap_StockIssuedDuringPeriodSharesNewIssues" />
    <label xml:lang="en-US" xlink:label="us-gaap_StockIssuedDuringPeriodSharesNewIssues_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Purchases of Shares - Shares</label>
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    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockRedeemedOrCalledDuringPeriodValue" xlink:type="locator" xlink:label="us-gaap_StockRedeemedOrCalledDuringPeriodValue" />
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    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_StockRedeemedOrCalledDuringPeriodShares" xlink:type="locator" xlink:label="us-gaap_StockRedeemedOrCalledDuringPeriodShares" />
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    <label xml:lang="en-US" xlink:label="dbc_StockholdersEquityPeriodIncreaseDecreaseDueToShareTransactions_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Net Increase (Decrease) due to Share Transactions, value</label>
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    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetIncomeLossAttributableToReportingEntityAbstract" xlink:type="locator" xlink:label="us-gaap_NetIncomeLossAttributableToReportingEntityAbstract" />
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    <loc xlink:href="dbc-20170331.xsd#dbc_IncreaseDecreaseInVariationMargin" xlink:type="locator" xlink:label="dbc_IncreaseDecreaseInVariationMargin" />
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    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OperatingCashFlowsDirectMethodAbstract" xlink:type="locator" xlink:label="us-gaap_OperatingCashFlowsDirectMethodAbstract" />
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    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsToAcquireInvestments" xlink:type="locator" xlink:label="us-gaap_PaymentsToAcquireInvestments" />
    <label xml:lang="en-US" xlink:label="us-gaap_PaymentsToAcquireInvestments_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Cost of affiliated investments purchased</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PaymentsToAcquireInvestments" xlink:to="us-gaap_PaymentsToAcquireInvestments_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_PaymentsToAcquireInvestments_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Payments To Acquire Investments</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromSaleMaturityAndCollectionsOfInvestments" xlink:type="locator" xlink:label="us-gaap_ProceedsFromSaleMaturityAndCollectionsOfInvestments" />
    <label xml:lang="en-US" xlink:label="us-gaap_ProceedsFromSaleMaturityAndCollectionsOfInvestments_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Proceeds from affiliated investments sold</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProceedsFromSaleMaturityAndCollectionsOfInvestments" xlink:to="us-gaap_ProceedsFromSaleMaturityAndCollectionsOfInvestments_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_ProceedsFromSaleMaturityAndCollectionsOfInvestments_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Proceeds From Sale Maturity And Collections Of Investments</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DepreciationAmortizationAndAccretionNet" xlink:type="locator" xlink:label="us-gaap_DepreciationAmortizationAndAccretionNet" />
    <label xml:lang="en-US" xlink:label="us-gaap_DepreciationAmortizationAndAccretionNet_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net accretion of discount on United States Treasury Obligations</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_DepreciationAmortizationAndAccretionNet" xlink:to="us-gaap_DepreciationAmortizationAndAccretionNet_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_DepreciationAmortizationAndAccretionNet_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Depreciation Amortization And Accretion Net</label>
    <label xml:lang="en-US" xlink:label="us-gaap_MarketableSecuritiesRealizedGainLoss_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Net realized (gain) loss on United States Treasury Obligations and Affiliated Investments</label>
    <label xml:lang="en-US" xlink:label="dbc_UnrealizedGainLossOnMarketableSecuritiesAffiliatedInvestmentsAndDerivativesAndCommodityContracts_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Net change in unrealized (gain) loss on United States Treasury Obligations, Affiliated Investments and Commodity Futures Contracts</label>
    <label xml:lang="en-US" xlink:label="dbc_UnrealizedGainLossOnMarketableSecuritiesAffiliatedInvestmentsAndDerivativesAndCommodityContracts_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Unrealized Gain Loss On Marketable Securities Affiliated Investments And Derivatives And Commodity Contracts</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncreaseDecreaseInOperatingCapitalAbstract" xlink:type="locator" xlink:label="us-gaap_IncreaseDecreaseInOperatingCapitalAbstract" />
    <label xml:lang="en-US" xlink:label="us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Change in operating receivables and liabilities:</label>
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    <label xml:lang="en-US" xlink:label="us-gaap_IncreaseDecreaseInOperatingCapitalAbstract_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Increase Decrease In Operating Capital [Abstract]</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncreaseDecreaseInDividendsReceivable" xlink:type="locator" xlink:label="us-gaap_IncreaseDecreaseInDividendsReceivable" />
    <label xml:lang="en-US" xlink:label="us-gaap_IncreaseDecreaseInDividendsReceivable_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Dividends from affiliates</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInDividendsReceivable" xlink:to="us-gaap_IncreaseDecreaseInDividendsReceivable_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_IncreaseDecreaseInDividendsReceivable_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Increase Decrease In Dividends Receivable</label>
    <label xml:lang="en-US" xlink:label="dbc_IncreaseDecreaseInVariationMargin_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Variation margin</label>
    <label xml:lang="en-US" xlink:label="dbc_IncreaseDecreaseInVariationMargin_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Increase Decrease In Variation Margin</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncreaseDecreaseInTradingLiabilities" xlink:type="locator" xlink:label="us-gaap_IncreaseDecreaseInTradingLiabilities" />
    <label xml:lang="en-US" xlink:label="us-gaap_IncreaseDecreaseInTradingLiabilities_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">LME contracts</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInTradingLiabilities" xlink:to="us-gaap_IncreaseDecreaseInTradingLiabilities_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_IncreaseDecreaseInTradingLiabilities_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Increase Decrease In Trading Liabilities</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncreaseDecreaseInAccountsPayableRelatedParties" xlink:type="locator" xlink:label="us-gaap_IncreaseDecreaseInAccountsPayableRelatedParties" />
    <label xml:lang="en-US" xlink:label="us-gaap_IncreaseDecreaseInAccountsPayableRelatedParties_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Management fee</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInAccountsPayableRelatedParties" xlink:to="us-gaap_IncreaseDecreaseInAccountsPayableRelatedParties_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_IncreaseDecreaseInAccountsPayableRelatedParties_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Increase Decrease In Accounts Payable Related Parties</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_IncreaseDecreaseInPayablesToBrokerDealers" xlink:type="locator" xlink:label="us-gaap_IncreaseDecreaseInPayablesToBrokerDealers" />
    <label xml:lang="en-US" xlink:label="us-gaap_IncreaseDecreaseInPayablesToBrokerDealers_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Brokerage commissions and fees</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_IncreaseDecreaseInPayablesToBrokerDealers" xlink:to="us-gaap_IncreaseDecreaseInPayablesToBrokerDealers_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_IncreaseDecreaseInPayablesToBrokerDealers_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Increase Decrease In Payables To Broker Dealers</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations" xlink:type="locator" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations" />
    <label xml:lang="en-US" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Net cash provided by (used for) operating activities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations" xlink:to="us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Net Cash Provided By Used In Operating Activities Continuing Operations</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract" xlink:type="locator" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract" />
    <label xml:lang="en-US" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cash flows from financing activities:</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract" xlink:to="us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperationsAbstract_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Net Cash Provided By Used In Financing Activities Continuing Operations [Abstract]</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ProceedsFromIssuanceOfCommonStock" xlink:type="locator" xlink:label="us-gaap_ProceedsFromIssuanceOfCommonStock" />
    <label xml:lang="en-US" xlink:label="us-gaap_ProceedsFromIssuanceOfCommonStock_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Proceeds from purchases of Shares</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_ProceedsFromIssuanceOfCommonStock" xlink:to="us-gaap_ProceedsFromIssuanceOfCommonStock_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_ProceedsFromIssuanceOfCommonStock_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Proceeds From Issuance Of Common Stock</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PaymentsForRepurchaseOfCommonStock" xlink:type="locator" xlink:label="us-gaap_PaymentsForRepurchaseOfCommonStock" />
    <label xml:lang="en-US" xlink:label="us-gaap_PaymentsForRepurchaseOfCommonStock_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Redemption of Shares</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_PaymentsForRepurchaseOfCommonStock" xlink:to="us-gaap_PaymentsForRepurchaseOfCommonStock_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_PaymentsForRepurchaseOfCommonStock_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Payments For Repurchase Of Common Stock</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations" xlink:type="locator" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations" />
    <label xml:lang="en-US" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Net cash provided by (used for) financing activities</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations" xlink:to="us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Net Cash Provided By Used In Financing Activities Continuing Operations</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_CashPeriodIncreaseDecrease" xlink:type="locator" xlink:label="us-gaap_CashPeriodIncreaseDecrease" />
    <label xml:lang="en-US" xlink:label="us-gaap_CashPeriodIncreaseDecrease_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Net change in cash</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_CashPeriodIncreaseDecrease" xlink:to="us-gaap_CashPeriodIncreaseDecrease_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_CashPeriodIncreaseDecrease_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Cash Period Increase Decrease</label>
    <label xml:lang="en-US" xlink:label="us-gaap_Cash_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Cash at beginning of period</label>
    <label xml:lang="en-US" xlink:label="us-gaap_Cash_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Cash at end of period</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_SupplementalCashFlowInformationAbstract" xlink:type="locator" xlink:label="us-gaap_SupplementalCashFlowInformationAbstract" />
    <label xml:lang="en-US" xlink:label="us-gaap_SupplementalCashFlowInformationAbstract_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Supplemental disclosure of cash flow information</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_SupplementalCashFlowInformationAbstract" xlink:to="us-gaap_SupplementalCashFlowInformationAbstract_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_SupplementalCashFlowInformationAbstract_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Supplemental Cash Flow Information [Abstract]</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InterestPaid" xlink:type="locator" xlink:label="us-gaap_InterestPaid" />
    <label xml:lang="en-US" xlink:label="us-gaap_InterestPaid_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cash paid for interest</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InterestPaid" xlink:to="us-gaap_InterestPaid_lbl" />
    <label xml:lang="en-US" xlink:label="us-gaap_InterestPaid_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Interest Paid</label>
    <loc xlink:href="dbc-20170331.xsd#dbc_BackgroundAndBusinessDescriptionTextBlock" xlink:type="locator" xlink:label="dbc_BackgroundAndBusinessDescriptionTextBlock" />
    <label xml:lang="en-US" xlink:label="dbc_BackgroundAndBusinessDescriptionTextBlock_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/documentation">Background and business description.</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="dbc_BackgroundAndBusinessDescriptionTextBlock" xlink:to="dbc_BackgroundAndBusinessDescriptionTextBlock_lbl" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_TextBlockAbstract" xlink:type="locator" xlink:label="us-gaap_TextBlockAbstract" />
    <label xml:lang="en-US" xlink:label="us-gaap_TextBlockAbstract_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Text Block [Abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_TextBlockAbstract" xlink:to="us-gaap_TextBlockAbstract_lbl" />
    <label xml:lang="en-US" xlink:label="dbc_BackgroundAndBusinessDescriptionTextBlock_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Background</label>
    <label xml:lang="en-US" xlink:label="dbc_BackgroundAndBusinessDescriptionTextBlock_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Background And Business Description [Text Block]</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract" xlink:type="locator" xlink:label="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract" />
    <label xml:lang="en-US" xlink:label="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Organization, Consolidation and Presentation of Financial Statements [Abstract]</label>
    <labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract" xlink:to="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_lbl" />
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock" xlink:type="locator" xlink:label="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock" />
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    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_NatureOfOperations" xlink:type="locator" xlink:label="us-gaap_NatureOfOperations" />
    <label xml:lang="en-US" xlink:label="us-gaap_NatureOfOperations_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Fund Investment Overview</label>
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    <label xml:lang="en-US" xlink:label="us-gaap_NatureOfOperations_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Nature Of Operations</label>
    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_RelatedPartyTransactionsAbstract" xlink:type="locator" xlink:label="us-gaap_RelatedPartyTransactionsAbstract" />
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    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTableTextBlock" xlink:type="locator" xlink:label="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTableTextBlock" />
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    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_ScheduleOfOtherDerivativesNotDesignatedAsHedgingInstrumentsStatementsOfFinancialPerformanceAndFinancialPositionLocationTableTextBlock" xlink:type="locator" xlink:label="us-gaap_ScheduleOfOtherDerivativesNotDesignatedAsHedgingInstrumentsStatementsOfFinancialPerformanceAndFinancialPositionLocationTableTextBlock" />
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    <label xml:lang="en-US" xlink:label="us-gaap_InvestmentsInAndAdvancesToAffiliatesScheduleOfInvestmentsAbstract_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Investments In And Advances To Affiliates Schedule Of Investments [Abstract]</label>
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    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_BusinessAcquisitionDateOfAcquisitionAgreement1" xlink:type="locator" xlink:label="us-gaap_BusinessAcquisitionDateOfAcquisitionAgreement1" />
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    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_PartnersCapitalAccountContributions" xlink:type="locator" xlink:label="us-gaap_PartnersCapitalAccountContributions" />
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    <loc xlink:href="dbc-20170331.xsd#dbc_MaximumRemainingMaturityPeriodOfTreasuryBillsForWhichIndexesTrackedToMeasurePerformance" xlink:type="locator" xlink:label="dbc_MaximumRemainingMaturityPeriodOfTreasuryBillsForWhichIndexesTrackedToMeasurePerformance" />
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    <loc xlink:href="dbc-20170331.xsd#dbc_ManagementFeePerAnnumOfDailyNetAssets" xlink:type="locator" xlink:label="dbc_ManagementFeePerAnnumOfDailyNetAssets" />
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    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueDisclosuresAbstract" xlink:type="locator" xlink:label="us-gaap_FairValueDisclosuresAbstract" />
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    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable" xlink:type="locator" xlink:label="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable" />
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    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueByFairValueHierarchyLevelAxis" xlink:type="locator" xlink:label="us-gaap_FairValueByFairValueHierarchyLevelAxis" />
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    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueInputsLevel1Member" xlink:type="locator" xlink:label="us-gaap_FairValueInputsLevel1Member" />
    <label xml:lang="en-US" xlink:label="us-gaap_FairValueInputsLevel1Member_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Level 1 [Member]</label>
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    <label xml:lang="en-US" xlink:label="us-gaap_FairValueInputsLevel1Member_lbl" xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value Inputs Level1 [Member]</label>
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    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" xlink:type="locator" xlink:label="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems" />
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    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeFairValueOfDerivativeLiabilityAmountNotOffsetAgainstCollateral" xlink:type="locator" xlink:label="us-gaap_DerivativeFairValueOfDerivativeLiabilityAmountNotOffsetAgainstCollateral" />
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    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_DerivativeCollateralRightToReclaimSecurities" xlink:type="locator" xlink:label="us-gaap_DerivativeCollateralRightToReclaimSecurities" />
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    <loc xlink:href="dbc-20170331.xsd#dbc_AverageChargesPaidToBrokerPerRoundTurnTradeMaximum" xlink:type="locator" xlink:label="dbc_AverageChargesPaidToBrokerPerRoundTurnTradeMaximum" />
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    <loc xlink:href="http://xbrl.fasb.org/us-gaap/2016/elts/us-gaap-2016-01-31.xsd#us-gaap_InvestmentsInAndAdvancesToAffiliatesTable" xlink:type="locator" xlink:label="us-gaap_InvestmentsInAndAdvancesToAffiliatesTable" />
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