HomeLifestyleRetailGold, Silver, Copper, U.S. Dollar: Jackson Hole Rhetoric Largely Hawkish

Gold, Silver, Copper, U.S. Dollar: Jackson Hole Rhetoric Largely Hawkish

The Federal Reserve will continue to be a key driver; Jackson Hole rhetoric was largely hawkish, says Everett Millman. He discusses the outlook for gold (/GC). He talks about how central banks were still the net buyers of about 59 tons of gold in the most recent month of data. He then looks at gold's reaction to the U.S. dollar (/DX) at 20-year highs. Next, he goes over the outlook for silver (/SI), noting that the bears are undoubtedly in control of the market. Finally, he looks at the outlook for copper (/HG) as it is lower for the fourth-straight session. Tune in to find out more about the stock market today.

Futures

31 Aug 2022

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