Priyanka Sachdeva, Phillip Nova
Priyanka Sachdeva, Phillip Nova
4 November 2024
The Wealth Tracker: Is gold an investor's best friend ahead of presidential elections?
Gold is often seen as a safe haven, especially during times of uncertainty. In fact, Gold was hovering at a record high around $2,700 per ounce last week, with the US presidential election between Kamala Harris and Donald Trump just a day away and most investors expecting another rate cut at the Federal Reserve's next meeting later this week.
So is gold an investor’s best friend at the moment? What are some trends when it comes to investing in gold? On Wealth Tracker, Hongbin Jeong speaks to Priyanka Sachdeva, Senior Market Analyst, Phillip Nova, to find out more about gold and its shine.
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Listen To Her Previous Podcasts:
17 April 2024
Money in the Market: What’s next for gold and oil amid heightened tensions in the Middle East?
With escalating conflict between Iran and Israel, traders have been eyeing commodity markets including oil and gold. Oil prices retreated to start the week despite the conflict as prices had already risen in expectation of an action by Iran, while gold also traded down, trading below last week’s high. On Money in the Market, Hongbin Jeong speaks to Priyanka Sachdeva, Senior Market Analyst, Phillip Nova, to find out more about the developments in these commodities.
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6 March 2024
Money in the Market: Gold hits record highs, but what about silver?
Silver has recently seen its largest gain in months, a move that may be the start of a prolonged price rally. Some say this could be a banner year for silver, with prices potentially hitting decade-highs. In fact, global silver demand is forecast to reach 1.2 billion ounces this year, the second-highest level on record. So how much will silver prices rise? Will it even outperform gold? On Money in the Market, Hongbin Jeong speaks to Priyanka Sachdeva, Senior Market Analyst at Phillip Nova, to find out more.
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24 January 2024
Money in the Market: Are oil prices not truly reflecting the Red Sea conflict?
Attacks on commercial shipping in the Red Sea have escalated, with no signs yet of tensions easing any time soon. The escalation of the conflict has heightened worries about supply risks, with oil markets the most vulnerable. But according to analysts, while the diversions by oil tankers were expected to push up the cost and time it takes to transport oil, supplies have not yet been impacted. Meanwhile, others warn that prices could change rapidly if supply is disrupted. So are oil prices truly reflecting the geopolitical risks in the Red Sea? On Money in the Market, Hongbin Jeong speaks to Priyanka Sachdeva, Senior Market Analyst, Phillip Nova, to find out more.
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27 December 2023
Money in the Market: Winners and losers of the commodity market in 2023
Several commodities saw notable moves this year, including gold, which reached record highs. Despite that, key commodities indexes are on track to record their biggest losses in the last five years, led by declines in natural gas, coal and grains. So who were the biggest winners and losers in the commodity market this year? On Money in the Market, Hongbin Jeong speaks to Priyanka Sachdeva, Senior Market Analyst, Phillip Nova to take a look at the performance of gold, silver, oil and natural gas this year and what to expect in the year ahead.
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20 September 2023
Money in the Market: Is China's commodities market set for a golden run?
China’s stuttering economy has been one of the biggest threat to global commodities demand, as economic activity and credit flows in the world’s top buyer deteriorated sharply and put Beijing’s modest growth targets at risk.
But with the second largest economy now showing some signs of recovery, are commodities seeing a rebound as well?
And how are oil and gold prices faring ahead of the US Fed's much-anticipated verdict on interest rates?
On Money in the Market, Hongbin Jeong speaks to Priyanka Sachdeva, Senior Market Analyst, Phillip Nova,to find out more.
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6 September 2023
Money in the Market: Could gold prices surge if interest rate expectations shift?
Gold prices remain pressured at the lowest level in a week, after declining the most in a month the previous day. That's as the United States soft landing concerns underpin the US Dollar strength. The dollar, meanwhile, is ignoring softer US data while cheering the hawkish Fed. On top of that, downbeat concerns about China, one of the world’s gold consumers, are now also favoring the Gold sellers. On Money in the Market, Hongbin Jeong speaks to Priyanka Sachdeva, Senior Market Analyst at Phillip Nova, to find out more about gold price movements.
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12 July 2023
Money in the Market: Is El Niño bringing the heat to commodity markets as well?
The beginning of July was the hottest week on record for the planet, after a series of scorching days saw global temperature records tumble. And that’s the effects of El Niño. The hot weather not only gives us sweats, but the changing weather patterns also have an effect on our crops - and thus, moving commodity markets. On Money in the Market, Hongbin Jeong speaks to Priyanka Sachdeva, Market Analyst, Phillip Novato take a closer look at how the hot weather has affected commodity prices thus far, as well as what the outlook for commodity market is for the rest of the year.
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14 June 2023
Money in the Market: How might the U.S. Fed's interest rate decision impact gold prices?
Gold is in the midst of a pivotal week as traders and investors await the US Federal Reserve's interest rate decision late on Wednesday.
How is the continued repricing of rate hike probabilities for the US Federal Reserve weighing on the recovery of Gold prices?
And what factors could determine the direction of gold prices going forward?
On Money in the Market, Hongbin Jeong speaks to Priyanka Sachdeva, Market Analyst, Phillip Nova, to find out more.
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3 May 2023
Money in the Market: Will China's economic rebound continue to influence commodity markets for the rest of the year?
The recent surprise in contraction in China's manufacturing index in April, coming after first quarter growth exceeded expectations, underlines the uneven nature of the recovery in the world's second-biggest economy. And this will likely to be mirrored in China's imports of major commodities.
So how are commodity markets performing against this backdrop? And which commodities are seeing a boost since the slew of economic data out of China?
On Money in the Market, Hongbin Jeong speaks to Priyanka Sachdeva, Market Analyst, Phillip Nova to find out more.
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19 April 2023
Money in the Market: How is China's reopening optimism moving the oil market?
Oil prices fell earlier this week, putting an end to last week’s short-covering rally. But it once again received a boosting after China announced a stronger-than-expected GDP data, which lifted optimism over a demand recovery in the country. So where are oil prices headed? What’s the outlook like for oil prices? On Money in the Market, Hongbin Jeong speaks to Priyanka Sachdeva, Market Analyst from Phillip Nova, to find out more about the path of oil prices.
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22 March 2023
Money in the Market: Do gold prices have more room to run? And is there a silver lining for silver?
Gold has returned to its shine as a safe haven amid a turmoil in the banking sector - with at one point prices even rose to $2,000 for the first time in a year. But what’s making gold so attractive right now? And do gold prices have more room to run? What about silver? Is there a silver lining there? On Money in the Market, Hongbin Jeong speaks to Priyanka Sachdeva, Market Analyst at Phillip Nova, to find out more about gold and silver in the current market.
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22 February 2023
Money in the Market: Are commodity markets losing steam?
With the faster-than expected reopening of China, both stock markets and commodity markets rallied. But it seems like that reopening rally is fizzling out in stock markets. But how are commodity markets performing? Are they still benefiting from the reopening? On Money in the Market, The Afternoon Update’s Hongbin Jeong speaks to Priyanka Sachdeva, market analyst at Phillip Nova, to find out more.
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25 January 2023
Money in the Market: Are investors turning more bullish on commodity markets?
China's commodity trade data last showed prices and volumes weren't driven by the world's biggest buyer of natural resources. So the question now is - will 2023 see China reasserting its dominance as the main driver of commodity markets? On Money in the Market, Hongbin Jeong speaks to Priyanka Sachdeva, Market Analyst at Phillip Nova, to find out how China’s reopening is giving a boost to commodity markets.
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21 December 2022
Money in the Market: Will it be another choppy year for commodities in 2023?
The Covid-19 lockdowns in China, monetary policy in the US and the fallout from the energy crisis caused by Russia’s invasion of Ukraine, have heavily moved the commodity markets this year. So how did commodities perform overall? And will it be another choppy year for commodities in 2023? On Money in the Market, Priyanka Sachdeva, Market Analyst at Phillip Nova, joins us to tell us more.
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23 November 2022
Money in the Market: If the Fed pivots, how high can gold prices go?
Oil markets have been seesawing, while gold prices are being pushed up by a weaker greenback. To take a closer look at oil and gold prices, finance producer Hongbin Jeong speaks to Priyanka Sachdeva, Market Analyst at Phillip Nova, to find out what’s moving oil prices, and how high gold prices can go.
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