Presented by
Nitesh Shah, Director of Commodities Research at WisdomTree
Gold & Oil: The polarised performing commodities
About this talk
The humanitarian and economic impact of COVID 19 has put gold and oil at polarised ends of the commodity performance spectrum. Gold is the only commodity to post gains this year, while oil has seen prices more than halve.
Oil is seeing volatility like never before, with the Organization of Petroleum Producing Countries and its partner countries descending into chaos in March 2020 and engaging in a price war. In the first half of April, it looks like they are getting their act together, but only after serious damage has been done.
Where will the “ying and yang” (oil and gold) of the commodity markets go for the rest of 2020?
Join Nitesh Shah, Director of Commodities Research at WisdomTree for his outlook.
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