The Worst Behind Oil and More Upside To Gold?

Howie Lee, Economist, OCBC Bank

29-Jun-20 09:15

The Worst Behind Oil and More Upside To Gold?

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Covid-19 has wreaked havoc on commodity markets, but could bluer skies be ahead as economies reopen and trade picks up?

Oil is of particular importance to Malaysia as oil related revenue accounted for 21% of Government revenue in 2019, while gold is generally seen as a safe haven asset in the investment community. We take a look at how they could move in the second half of 2020.

Produced by: Wong Shou Ning

Presented by: Noelle Lim, Roshan Kanesan, Lyn Mak

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Categories: Politics, Law and Legal Matters, Business Analysis, Trends and Forecasts, Markets, Social Issues, Investments

Tags: Crude Oil, Palm Oil, Gold, Soybean, Safe Haven, ,

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