August Metals Outlook - Will It Get Better for Gold, US Copper? Trump, Stocks vs. Fed - Central banks are accumulating gold and ETFs have shifted to significant inflows, which could help keep the metal on pace to above 3,500 by year-end. Trump administration pushback on Federal Reserve independence and tariffs are gold tailwinds. US-traded copper and industrial metals appear increasingly reliant on persistent US stock-market strength. Full report on the Bloomberg here: https://blinks.bloomberg.com/news/stories/t05o27gpl40a {BI COMD} #gold #copper #metals @BBGIntelligence(Mike McGlone)