Likely to See Commodity Prices Weaken This Year: Chowdhury

The video discusses China's economic recovery, primarily driven by services rather than manufacturing, leading to a negative sentiment in the commodity market. Construction-heavy commodities like iron ore and steel are expected to see further downsides, while green transition metals like copper and aluminium have a brighter future. The video also covers the outlook for precious metals, particularly gold, which is expected to rise due to the nearing end of the US Fed's hiking cycle and increased demand for safe haven assets.

What is the primary driver of China's economic recovery according to the transcript?

• Agriculture

• Construction

• Services

• Manufacturing

Which commodities are expected to see a decline due to weak demand from China?

• Gold and Silver

• Iron Ore and Steel

• Copper and Aluminum

• Oil and Gas

What is the expected trend for green transition metals beyond 2023?

• Volatility with unpredictable trends

• Stagnation with no significant change

• Decline due to reduced demand

• Growth due to increased demand from the automotive industry

What is the main reason for the bullish outlook on gold prices?

• Decreasing mining costs

• Rising oil prices

• Nearing end of the US Federal Reserve's hiking cycle

• Increased industrial use

What factor is contributing to the elevated gold prices?

• Increased supply of gold

• Recession risks and a weaker US dollar

• Strengthening US dollar

• High demand for jewelry