Metal Markets Report For Thursday, Aug 7

Gold, Bars, Wealth, Finance, Gold Bars, Deposit

Image Source: Pixabay
 

In this video, Ira Epstein discusses the recent movements in the metal markets, highlighting a significant rally in gold and silver prices, with gold rising by $36. 

Epstein also covers developments related to the Federal Reserve, including potential candidates for the new Fed chair and board nominees, emphasizing the political implications of these appointments.

Additionally, he touches on geopolitical tensions, particularly concerning Russian oil tariffs and potential meetings involving President Trump, Putin, and Zelensky.

Epstein concludes by analyzing gold's technical chart, noting its bullish pattern despite a sudden price drop, which he speculates might be due to a trading error.

Video Length: 00:06:23


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