Saxo Group Videos

Gold, Oil and Iron Ore - the must-watch commodities this week

Saxo Bank's Head of Commodity Strategy Ole Hansen gives us his weekly look at the biggest stories in the commodity markets.

Gold - any predictions of a rush into gold by jittery investors spooked by the Greek crisis has yet to happen, but could this weekend's Greek referendum finally see gold performing its traditional safe haven role.

Oil - a couple of surprises in the US, the rig count up for the first time 30 weeks and the biggest weekly price drop since March, could WTI be heading back to around USD 55.00?

Iron Ore - the biggest loser of the week with a drop of just over ten percent. Production from Australia and Brazil not being met with demand from China. AUD taking a hit.

03:44 minutes
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