Skip to main content

Metals: Still Sideways to Lower Action

Ira Epstein covers the current state of the metals market, highlighting gold's stability around the $4,200 mark and silver's struggle to maintain levels above $60. He discusses copper's performance and emphasizes the significance of upcoming economic reports, including the September CPI and the Federal Reserve's Beige Book, in determining future interest rate decisions. Epstein also addresses a historic $1.2 trillion fine against Bank of America for anti-money laundering violations and expresses concern over Saudi Arabia's vulnerability to attacks on its infrastructure. He concludes by analyzing gold's technical chart patterns and resistance levels.

 

About the author

Newsletter Signup

GoldSeek Free Newsletters
GoldSeek Daily Edition
Gold & Silver Seeker Report
Gold Seek -- Peter Spina