Spiraling gold and silver prices have investors slowly shifting focus towards the commodities basket. The recent upmove seen in different commodities suggests that the asset class is being looked at seriously by investors to add in their portfolio.
In an interview with CNBC-TV18, Jonathan Barratt of Commodity Broking Services says the escalating crisis in Europe is one of the reasons weighing on global commodities.
The crude market has witnessed a slight decline today with the price differential between WTI and Brent narroweing significantly. Barratt thinks the rally which crude has seen is a bit over the top.
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