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Podcast: Kotak Market Mantra
Episode: Weekly Commodity Podcast With Ravindra Rao | 8th May 2023
Description: Highlights of this week's Commodity Podcast:1. A super volatile week ended amid bets on #Fed 's rate hike stance. Everything from the dollar index to gold and oil to industrial metals witnessed wild swings 2. The Fed raised the fed funds rate by 25 basis points to a range of 5% - 5.25%, marking the 10th straight increase3. The #USDollar Index opened last week on a positive note once again and fell close to the support zones near 100.80.4. #COMEX Gold came close to the record high of $2,089/troy ounce before paring gains and closed the week at $2024.87 up by 1.29%5. #MCX Gold jumped to...