Metal Markets Report For Monday, May 11

Iran’s uranium shift and President Trump’s China visit are fueling a rally in gold and equity markets.

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Ira Epstein discusses the geopolitical tensions between Iran and the US, highlighting Iran's response to President Trump's demands and the potential implications for global oil markets, particularly in relation to China. He notes that Iran's willingness to send uranium abroad marks a significant development, coinciding with President Trump's visit to China, which is a major buyer of Iranian oil.

Epstein also examines the impact of these events on financial markets, noting a rally in both the stock market and gold, and emphasizes the importance of upcoming economic indicators such as the CPI numbers and small business optimism index.

Additionally, he mentions the upcoming speeches and reports that could influence market dynamics.

Video Length: 00:12:02

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