Why oil and gold prices could keep rising

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.