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Podcast: Kotak Market Mantra
Episode: Weekly Commodity Podcast With Ravindra Rao | 10th July 2023
Description: Highlights of this week's Commodity Podcast:1. Dollar index traded as high as 103.57 in the initial part of last weak, while precious metals witnessed some sell off2. The rally was supported by strong US data that strengthened the case for Fed rate hikes3. Dollar, however, fell in the later part of the week with index ending the week in red by 0.64%4. COMEX Gold ended flat recovering from the earlier losses on Friday as weaker than expected U.S. jobs report triggered short covering5. Silver prices rose past $23 per ounce, extending their rebound from the three-month low of $22.2 touched on June 22nd6...