What to Watch in Commodities in 2H

The video discusses the factors affecting gold prices, highlighting the impact of US real yields, the US dollar, and safe haven demand. It forecasts gold prices to peak at $1500 an ounce due to expected Fed rate cuts, but notes risks if the US economy performs better than anticipated. The video also analyzes the oil market, emphasizing that demand concerns are overplayed and highlighting supply risks from OPEC cuts, Iran tensions, and Libya's conflict.

What is the primary factor that has a strong negative relationship with gold prices?

• US real yields

• US inflation rates

• Global stock markets

• US employment rates

Which of the following is NOT mentioned as a factor supporting gold prices?

• Lower US real yields

• Weaker US dollar

• Increased oil prices

• US tensions

What is a key downside risk for gold prices according to the transcript?

• Higher than expected inflation

• Increased global demand for gold

• Fewer than expected Fed rate cuts

• Stronger US dollar

What is the main reason for the perceived overestimation of demand issues in the oil market?

• Increased global oil production

• Decreased global oil consumption

• Financial market mispricing

• Rising renewable energy sources

Which geopolitical factor is mentioned as a significant risk to oil supply?

• Strait of Hormuz tensions

• US-China trade tensions

• North Korea's nuclear program

• Brexit negotiations