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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
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