Peter Hickson of UBS believes commodity prices are likely to head lower in the next one or two months. "There is a clear sign that there are risks in emerging markets (EMs), particularly in China, that's keeping investors cautious," he said.
Hickson said commodity prices could decline from current levels. "Brent crude could head lower to USD 105 a barrel," he said.
On the precious metals, Hickson said technicals don
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!