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Podcast: Kotak Market Mantra
Episode: Weekly Commodity With Ravindra Rao | 26th September 2022
Description: - Global risk appetite may continue to remain low as speeches by ECB President, Federal Reserve chair, and several FOMC members will be closely watched. - Spot Gold in U.S. Dollar terms might continue to trade lower amid a breakdown below $1670/oz. Silver might follow.- Crude oil and natural gas near important supports. Any breakdown might pull them further lower.- Amongst the base metals, aluminum looks weaker.- The U.S. Dollar has been dominating for the last 5 out of six weeks as hawkish FED and Putin’s mo...