Gold Likely to Fall to Around $1,700, CBA's Dhar Says

The video discusses the impact of the Omicron variant on market expectations, highlighting vaccine efficacy studies and market reactions. It analyzes the OPEC Plus meeting's potential decisions on oil output amid the pandemic. The dynamics of the iron ore market are explored, focusing on China's influence and steel demand. Finally, the video forecasts gold prices, considering the Federal Reserve's hawkish policy stance.

What impact has the Omicron variant had on price projections and market expectations?

How has the OPEC plus meeting been influenced by the current market situation?

What role does the construction sub-index play in steel demand in China?

What are the expectations for iron ore prices in relation to China's demand?

What factors are expected to drive gold prices in the near term?