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In this video, Ira Epstein discusses the current state of the metal markets as of August 19, 2025, highlighting the impact of a rallying dollar, which has kept metal prices lower. He notes a break in stock indices and the typical market sluggishness seen at the end of August.

Epstein also reviews recent economic data, such as the API numbers showing a crude draw and increased stocks in motor gas and distillates, and anticipates upcoming Fed Minutes for further insights. He observes that gold has retraced to its 18-week moving average, suggesting a downside bias, but remains optimistic for a potential market revival later in the year.

Additionally, he touches on the performance of silver, copper, platinum, and the dollar, noting their respective trends and market biases.

Video Length: 00:04:41

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