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Podcast: Kotak Market Mantra
Episode: Weekly Commodity Podcast by Ravindra Rao | 30th Oct 2023
Description: Commodity Market Analysis and Outlook - 30th October - 3rd November, 2023:• In the past week, global financial markets experienced notable fluctuations, influenced by developments in the Israel-Hamas conflict, mixed corporate earnings reports, and the rollout of economic stimulus measures in China.• The US dollar received a boost from a combination of lackluster corporate earnings, safe-haven demand, and signs of resilience in the US economy.• It reached a 3-week high, trading at 106.89. US 10-year treasury yields also remained near a 16-year high, crossing the 5% mark for the first time since 2007.• COMEX Gold climbed above $2,000 per ounce, marking its third consecutive weekly gain ami...