Metal Markets Report For Wednesday, Sept 23

Geopolitical tensions in the Middle East and the Strait of Hormuz fuel global market volatility. Gold prices react as investors weigh regional risks against upcoming central bank policy updates from the SNB and BoJ.

Source: DepositPhotos

Ira Epstein discusses recent geopolitical developments involving the U.S. response to Iran amid President Xi's visit, highlighting the strategic importance of the Strait of Hormuz and the ongoing tensions in the Middle East. He emphasizes the impact of these events on global markets, particularly noting the fluctuations in the gold market and the broader stock market's reaction.

Epstein also previews upcoming economic data releases, such as U.S. new home sales and natural gas storage figures, and comments on anticipated monetary policy decisions from major central banks like the Swiss National Bank and the Bank of Japan.

Video Length: 00:09:44

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