Commodity Outlook With Ravindra R...
Commodity Outlook With Ravindra Rao | 22nd March 2022

Kotak Market Mantra por Kotak Securities

Notas del episodio

Commodity outlook: Gold might witness volatility; Supply risks for commodities may persist

- Development relating to Russia-Ukraine will be at the forefront this week.

- Risk sentiment may remain shaky, while supply risks for commodities may persist.

- The U.S. dollar ended lower last week, marking it's first decline in 4 weeks. It witnessed losses amid reduced safe-haven demand and as bond yields came off highs after the Fed's rate hike decision.

- Gold may remain volatile, however, market uncertainty may increase its safe haven appeal and keep prices supported near $1900/oz level.

- Crude oil’s sharp rise has made it vulnerable to profit taking. However, a sustained decline may not materialize unless Russia-Ukraine issues are resolved.

- The focus during this week will be on manufacturing and services PMI dat ... 

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