Metal Markets Report For Monday, Oct 6
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In this video, Ira Epstein discusses the current state of the metal markets, noting significant movements in gold and copper. He highlights that gold has reached an all-time high, driven by a weakened dollar and increased foreign investment, while copper prices were affected by a new mining authorization in Alaska.
Epstein also covers upcoming economic data releases, such as the Red Book retail sales and U.S. consumer credit data, and their potential impacts on the markets.
Additionally, he touches on the oil market's reaction to OPEC's production adjustments and the ongoing volatility in bonds, notes, and foreign currency markets.
Video Length: 00:05:53
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