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US-Iran Talks Fail? Gold Under Pressure Again

Ira Epstein discusses the current state of the metal markets, highlighting the impact of geopolitical tensions, particularly U.S.-Iran relations, on market dynamics. He notes the ongoing stalemate in negotiations with Iran, which affects global markets, including metals and stocks. Epstein points out that despite the lack of progress in talks, the U.S. stock market is buoyed by strong earnings reports, with 81.3% of S&P companies exceeding expectations. He advises caution in trading, especially for inexperienced traders, due to volatile market reactions to geopolitical developments and earnings announcements.

 

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