Highlights of this week's Commodity Podcast:

• It was a volatile week as commodities moved between gains and losses driven by major fundamental events.

• U.S. CPI inflation stood at 7.1% in November, the lowest since December 2021.

• The Fed raised rates by 50-bps.

• Gold and silver registered a new 5-month and 7-month month high, respectively, as moderation in inflation print pressured the U.S. dollar.

• Hawkish sounding Fed gave the dollar a push from lower levels.

• WTI Crude oil recovered from this year’s low of $70.08/bbl. This happened as price recovered on supply tightness coupled with the fall in dollar.

• All nonferrous metals witnessed profit taking amid recessionary fears as central bankers maintained the hawkish tone.

• Focus for the week would on the U.S. data prints and Fed’s p ...