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This video was filmed on November 3, 2022.
The US Federal Reserve hiked interest rates by 75 basis points this week, as was expected by many market participants. The central bank’s short-term borrowing rate is now in the range of 3.75 to 4 percent, which is the highest level since January 2008.
Meanwhile, experts continue to speak positively about the outlook for copper. Like many commodities, the red metal is facing short-term headwinds, but “unprecedented” demand and an expected shortfall in supply make its long-term prospects look bright.
0:00 – Intro
0:30 – GOLD
2:16 – COPPER
3:34 – Outro
Links:
Will Rhind interview: https://bit.ly/3DFtdcf
Copper demand article: https://bit.ly/3NAOGI4
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The Investing News Network does not guarantee the accuracy or thoroughness of the information reported in the interviews it conducts. The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do not constitute investment advice. All readers are encouraged to perform their own due diligence.
