With global markets on shaky grounds, commodity exchange traded fund investors should take a step back and prepare for the year ahead.

On the upcoming webcast, Outlook 2016: Don’t Believe the Hype, James Butterfill, Executive Director and Head of Research & Investment Strategy at ETF Securities, will discuss various points of interest, like the Federal Reserve interest rate normalization and the volatility in oil markets, to help paint a clearer picture of where we are heading and how the commodities markets will be affected.

The recent market volatility, economic uncertainty and speculation of a more dovish Federal Reserve stance have all contributed to a rally in precious metals. For instance, the ETFS Physical Silver Shares (NYSEArca: SIVR) gained 11.3% year-to-date while the ETFS Physical Swiss Gold Shares (NYSEArca: SGOL) rose 12.2%. Both gold and silver ETFs are now trading back above their 200-day moving averages.

The precious metals have traditionally acted as a safe-store of wealth in times of market volatility. Moreover, due to the global risks and economic weakness, many anticipate the Federal Reserve may push off on additional interest rate hikes, which has weighed on the U.S. dollar and helped support further gains in metals – USD-denominated silver and gold are now cheaper to foreign buyers.