Published 3 years ago

Goldman sees Fed-driven dip in commodities as a 'buying opportunity'

Summary by Ground News

Goldman Sachs says recent fall in commodities prices driven by U.S. Federal Reserve’s decision to bring forward projections for interest rate hikes into 2023 is a buying opportunity. Oil prices still close to multi-year highs, while gold has since seen a slight rebound, and copper was en route to its biggest weekly decline since March 2020.

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Goldman sees Fed-driven dip in commodities as a 'buying opportunity'

ReutersGoldman Sachs said on Friday the recent slip in commodities prices driven by the U.S. Federal Reserve’s decision to bring forward projections for interest rate hikes into 2023 was a buying opportunity for investors.“The bullish commodity thesis is …The post Goldman sees Fed-driven dip in commodities as a ‘buying opportunity’ appeared first on Oil & Gas 360.

3 years ago·Denver, United States

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Goldman sees Fed-driven dip in commodities as a 'buying opportunity'

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Goldman sees Fed-driven dip in commodities as a 'buying opportunity'

Goldman sees Fed-driven dip in commodities as a 'buying opportunity'

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