Metal Markets Report For Wednesday, July 9

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

Image Source: Pixabay

In this video, Ira Epstein discusses the current state of the metals market, noting that gold has increased by $7, hovering around the 3300 level, while the broader stock market is experiencing significant upward momentum with new highs, mergers, and acquisitions. He highlights the stagnation in the dollar index and euro, and covers the Federal Reserve's recent minutes, which reveal a divided stance on interest rate cuts.

Epstein also touches on the ongoing OPEC meeting in Vienna and upcoming economic indicators, such as jobless claims and natural gas reports.

Additionally, he mentions the impact of new tariffs, particularly a significant 50% tariff on Brazil, and the potential economic implications of these trade measures.

Video Length: 00:09:55


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