Strong USD & High Rates Keep Metals Down

Strong USD & High Rates Keep Metals Down

Ira Epstein discusses the current state of the metals market, highlighting geopolitical developments such as the easing of U.S. sanctions on Iran, allowing them to sell oil in U.S. dollars. He notes the impact of extreme weather in Europe and mixed performance in the stock and metals markets, with silver losing ground to gold and copper showing potential for further movement. Epstein previews upcoming economic indicators like the S&P Global PMIs and Richmond Fed updates, and mentions his Father’s Day special offer for financial research plans. He also touches on currency fluctuations, noting the strength of the U.S. dollar and its effect on gold prices.

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