“Supply chain disruptions and unforeseen events, such as conflicts and extreme weather patterns, may affect commodities markets. Similarly, geopolitical influences, such as the ongoing Russia-Ukraine conflict, may impact various commodities, including industrial and precious metals, grains, and energy commodities”, adding “the dynamics between inflation, interest rates, and commodities, also have repercussions on the market, especially in emerging markets,” Amro Zakaria, Senior Market Analyst - Mena at Forex.com - part of StoneX Group Inc, said at the recently-concluded Forex Expo Dubai 2023.