Oil Trades with Volatility, While Gold Regains Lost Ground

Commodity Market Watch

The complex dynamics of economic signals, central bank strategies, and geopolitical developments are expected to keep commodity investors vigilant, steering through a period of uncertainty in the coming weeks. 

In the past fortnight, the global financial markets experienced variability, with shifts in investor sentiment influenced by concerns within the U.S. banking sector and changing expectations for Federal Reserve interest rate adjustments. The unveiling of strong U.S. employment data, along with comments from the Federal Reserve chair suggesting a rate cut in March is improbable, introduced further intricacy to market behaviour.