Commodities year ahead 2023: Gold and oil outlook tied to Fed and Ukraine

From xm.com Watch this video at https://www.energyexch.com/news/1194806-commodities-year-ahead-2023-gold-and-oil-outlook.

The entire commodities spectrum rallied in the first half of 2022 as the war in Ukraine sparked major supply concerns for energy and agricultural commodities. But heading into 2023, it is demand concerns that have taken over and are clouding the outlook. Gold and oil have lost their shine amid worries that the Fed and other central banks may overtighten, and that China is not doing enough to boost its economy after a year of jumping in and out of lockdowns. Will there be a turning point in 2023 or are even deeper losses in store? Will gold shine more in 2023? Historically, gold was considered a safe-haven asset, but that narrative changed this year. Yes, it hit a record high in August 2020 as investors sought shelter