Trump’s Re-Election Shakes Up Metals Markets: Gold Gleams, Base Metals Brace for Turbulence

The re-election of Donald Trump has sent shockwaves through the metals markets, with analysts predicting a period of uncertainty and volatility. While some metals, particularly base metals, face potential headwinds, JPMorgan’s Commodities Research team sees gold as a safe haven, driven by the ‘debasement trade.’ The report analyzes the potential impact on different metals, including aluminum, copper, and gold, and highlights key factors to watch in the coming months.

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