Upcoming Federal Reserve Comments To Stimulate Commodity Prices

Although commodities reached new highs earlier this month, they appear to have lost some of their impetus as a result of the US dollar’s resurgence and growing growth fears. Gold experienced its first dip in five weeks after rising rapidly and scaling the important USD 1,800 per troy ounce mark. Over the past few weeks, zinc led the industrial metals sector and hit June highs, but it has since fallen from those levels. Crude oil experienced a significantly divergent pattern as it fell to lows in January, but it has since rebounded by almost 5 per cent.