Commodity prices were broadly unchanged this week, aside from a few notable exceptions. Cobalt was the star performer as concerns about supply and expectations of strong demand led to a surge in prices, albeit in a relatively thin market. Elsewhere, the minutes of the latest FOMC meeting revealed that the Fed might be ready to hike interest rates as early as March. However, the uncertainty over US fiscal policy is keeping the price of gold well supported.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.