In this podcast episode, we explore the complex relationship between oil and gold markets. Geopolitical tensions, especially recent missile attacks in the Middle East and a stimulus from China, are set to have a significant impact on oil prices. Daan Struyven from Goldman Sachs shares his insights on supply disruptions and the mixed effects of China's stimulus on oil demand, while maintaining a cautious perspective on future crude prices amid potential responses from OPEC. He also highlights gold as a more reliable investment during uncertain economic times, predicting strong demand driven by central bank diversification and macroeconomic worries, showcasing a stark contrast between the two commodities' futures.
