01.04.2016 - FY16: A year of uncertainty for commodities
The US Fed's frequent change in its stance over interest rates kept metals, bullion and energy prices subdued in 2015-16. Prospects of recovery in consumption of metals were weakened by contraction in China and turbulence in the global economy. The US Fed's frequent change in its stance over interest rates kept metals, bullion and energy prices subdued in 2015-16. After three years of negative return, gold turned positive in FY16, following huge volatility in equity markets. Gold climbed 16.5 per cent in Q1, its biggest quarterly rise since 1986. Silver lagged behind with a fifth year of negative returns...............................................Full Article: Source
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