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Experts decode food price index and outlook for gold in 2022
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Experts decode food price index and outlook for gold in 2022
Dec 21, 2021 8:18 AM

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.

Read Here: World food prices up fourth straight month in Nov, stay at 10-year peak: FAO

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...

Also Read: Gold loan demand has picked up in rural and semi-urban areas: George Alexander Muthoot

First Published:Dec 21, 2021 5:18 PM IST

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