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videos | IST

Experts decode food price index and outlook for gold in 2022

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In this episode of ‘Commodity Champions’, Boubaker Ben-Belhassen, Dir - Trade & Mkts of UN FAO decode food price index and David Tait, Global CEO of World Gold Council talks about gold and outlook for gold in 2022.

Food prices around the world continue to rise with the food price index for the month of November at its highest level in the last decade. According to the Food and Agriculture Organisation, the price rise for the fourth straight month has been led by strong demand for wheat and dairy. In the face of this strong demand, the pandemic-induced supply chain disruptions along with export policies from some countries have created concerns of further rise. So can governments around the world do anything to buck the trend and will COVID uncertainty continue to weigh on prices as cases rise yet again?
To discuss this, CNBC-TV18’s Manisha Gupta spoke to Boubaker Ben-Belhassen. He is the director of the trade and markets division for the Economic and Social Development Stream at the Food and Agriculture Organisation.
Also as the global economy recovers from the pandemic, as cryptocurrencies and digital gold take centre stage, and as central banks across the globe introduce rate cuts, how do we expect gold to perform in 2020? To discuss this Manisha Gupta spoke to David Tait, Global CEO of World Gold Council.
For full interview, watch accompanying video...