Commodities outlook: What does 2022 hold for gold and oil as virus still lingers?

Send us Fan Mail In 2021, optimism about the global economic recovery pressured gold to retreat from its 2020 highs but remain comfortably above its pre-pandemic levels. Next year, in an environment of higher interest rates, rising Treasury yields and a stronger dollar, bullion’s prospects seem ominous. On the other hand, growth commodities like oil and industrial metals, whose fortunes are heavily dependent on global economic performance have appreciated in the current year. If the world con...