Gold May Fall to Around $1,700 by 1Q 2022, CBA Says

Gold May Fall to Around $1,700 by 1Q 2022, CBA Says

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video discusses the impact of the US infrastructure bill and the 3.5 trillion economic package on mining and metals, particularly transition metals like copper and nickel. It highlights China's influence on iron ore demand due to environmental policies and forecasts a decline in gold prices due to US monetary policy. The video also projects oil prices, considering COVID-19's impact and OPEC's supply decisions.

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7 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What percentage of the $550 billion infrastructure bill is linked to mining output?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How long does it typically take to plan and deliver a project according to historical analysis?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the expected impact of the 3.5 trillion economic package on transition metals?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What concerns are raised regarding iron ore demand in China?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

How might policymakers respond to inflation concerns according to the discussion?

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6.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors are expected to influence the price of gold in the coming months?

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7.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the two key conditions mentioned for Brent crude oil to reach $85 a barrel?

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