Highlights of this week's Commodity Podcast:1. Risky assets softened last week as hawkish comments by major global central banks have intensified fears of an economic slowdown2. Fed chair Jerome Powell, in his testimony last week, emphasized the importance to fight inflation and stated nearly all FOMC participants expect that it will be appropriate to continue raising interest rates this year and perhaps two more times3. Dollar saw a sharp rebound from a low of 101.9 to 1034. Price action is indicating resistance near 103.40-103.60 zone for the Dollar Index5. COMEX Gold prices witnessed steepest weekly decline since January 2023, as major central banks keep hiking rates and markets are pushing back against rate cuts later this year. Silver prices tanked more than 7%6. Rising yields across the board raises the opportunity cost for holding the non-yie ...