Metal Markets Report For Tuesday, Sept 23

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

Image Source: Pixabay
 

In this video, Ira Epstein discusses the current state of the metals market, noting a slight decline in gold, silver, and platinum prices, despite a recent upward trend in platinum. He highlights the stock market's volatility, with a drop following a significant rise on Monday, and points out the resurgence in energy markets without a clear directional follow-through.

Epstein previews upcoming economic data releases, including mortgage and home sales figures, and comments on Fed Chair Powell's remarks about highly valued stocks, suggesting no immediate financial stability risks. He also analyzes the gold market's movement, emphasizing its rise to the upper Bollinger Band and advising caution on full investments due to the recent rally's size.

Additionally, he mentions the gold-silver ratio's breakdown and the copper market's efforts to maintain its position above the 18-day average.


Video Length: 00:05:11


More By This Author:

Financial Markets Report For Tuesday, Sept 23
Morning Flash Report For Tuesday, Sept 23
Metal Markets Report For Monday, Sept 22
How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.
Or Sign in with