World commodity prices soared in the first quarter of 2022, but this was overshadowed by the major geopolitical crisis following the Russian invasion of Ukraine, which in turn was followed by massive economic sanctions on Russia by western countries, and instead concerns over commodity supply chain disruptions made the headlines.Gold was the most volatile commodity in the first quarter of 2022.For the 2nd quarter of 2022, we expect the movement of XAUUSD to continue to be dominated by high inflation factors around the world.Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in Leveraged Products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distribution.