Getting a Bit Overbought in Metal?

Getting a Bit Overbought in Metal?


Ira Epstein discusses the current state of the metals market, focusing on gold, silver, copper, and platinum. He highlights gold’s impressive monthly performance and notes the market’s overbought condition, advising caution against immediate buying. Epstein also examines the silver market’s gains over gold, the limited copper supplies affecting prices, and the upward momentum in platinum. Additionally, he assesses the dollar index’s strength, suggesting that a potential decline could benefit metal prices by making them cheaper in other currencies.

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