Gold Is Still an Excellent Diversifier: UBS Global WM

The video discusses the outlook for the Aussie dollar, influenced by factors like iron ore prices and interest rate spreads. It examines the impact of infrastructure spending on commodities, with a focus on China. The oil market is analyzed, considering demand uncertainties and OPEC compliance. Finally, the video explores gold price trends, influenced by real interest rates and Federal Reserve policies.

What are the expected changes in the current account surplus and its effect on the Aussie dollar?

How do global oil prices and OPEC's actions influence the overall commodity market?

What factors could lead to a rise in gold prices in the near future?