CBA’s Dhar Sees Oil in $65 to $70 Range in 2H

The video discusses the factors influencing oil and gold markets. It highlights the impact of Gulf tensions and China trade talks on oil prices, emphasizing supply risks in the Middle East and Libya. Historical incidents like the Gulf wars are considered for potential escalation. Seasonal demand and supply factors, including hurricanes and gasoline stockpiles, are also examined. The video shifts to gold market trends, noting the influence of potential Fed rate cuts, US dollar weakening, and safe haven demand on gold prices.

How do Fed rate cuts influence investor sentiment towards gold?

What are the expected trends for gold prices in the near future?