Is Gold's Gain Sustainable?

The video discusses recent trends in global equities and gold, highlighting the shift in market drivers due to negative yields and Fed rate expectations. It explores the sustainability of gold's rally and the medium-term outlook, noting the fragility of current drivers. The video also examines the shift in sentiment in the base metals market, driven by improved economic data from China, and the impact on copper and crude oil import volumes.

In what ways have the fundamentals of commodities not matched the recent market momentum?

What indicators suggest a potential shift in market sentiment regarding base metals?