Metal Markets Report For Monday, July 14
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In this video, Ira Epstein discusses the current state of the metal markets, highlighting gold's inability to sustain a rally past the 3400 level and its subsequent fallback to the 3350 area. He notes the silver market's potential for new highs and describes it as having broken out to the upside.
Epstein also touches on the copper market, anticipating increased hedging activity due to recent tariff news.
Additionally, he observes broader market trends, including a general downturn in foreign currencies and the Dow Jones, and anticipates upcoming economic indicators such as the New York Fed Empire State Manufacturing Survey and U.S. Consumer CPI data, which may influence market directions.
Video Length: 00:07:02
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