Likely to See Commodity Prices Weaken This Year: Chowdhury

Likely to See Commodity Prices Weaken This Year: Chowdhury

Assessment

Interactive Video

Business, Engineering

University

Hard

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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.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How is the demand from the autos industry expected to impact copper and aluminium?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors are contributing to the bullish outlook on gold prices?

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