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Podcast: Let the Money Talk
Episode: Indian Commodities Market: Update on Bullion Market- Gold & Silver | 24th May 2024
Description: Welcome to the Let the Money Talk podcast by PhillipCapital India. In this episode, PhillipCapital's research analyst provides a view on the Base Metals Pack - Gold & Silver | 24th May 2024
The surge in copper prices, fueled by raw material shortages and optimism in sectors like new energy and AI, weighed on buying sentiment. , Drop in the Yangshan premium to zero for the first time on record in late April, signalling subdued import demand. This suggests a nuanced market sentiment, with investors monitoring both demand-side dynamics and supply-side challenges for further direction in copper prices.<...