Ira Epstein discusses the current state of the metal markets, focusing on the anticipation surrounding a potential deal between the United States and Iran, which has yet to be signed by the president. He notes the impact of this uncertainty on market movements, including a significant rally in stock indices and a recovery in metals prices.
Epstein highlights the importance of upcoming economic indicators, such as the Chicago Business Barometer and trade balance data, which could further influence market dynamics. He also provides insights into specific metals, noting that gold is holding near its 200-day average, while silver remains oversold and copper shows strength.
Video Length: 00:05:44
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