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Podcast: Kotak Market Mantra
Episode: Weekly Commodity Podcast With Ravindra Rao | 20th March 2023
Description: Highlights of this week's Commodity Podcast: 1. Investor sentiment remained fragile as banking crisis spread from the U.S. to Europe, sparking fears of a contagion in the global financial markets 2. U.S. Treasury yields extended their slide, and oil prices fell to 15-month lows. The shift in short-term interest rates this week was unlike anything seen for more than four decades 3. MCX Gold active futures contract breached the all-time highs and close above 59000/10 gms for the first time ever 4. Safe haven buying also supported the U.S. Dollar that recovered from below 104 level reaching as high as 105 5. Silver futures closed...