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The re-election of Donald Trump has metals markets looking a little like a shaken-up snow globe—chaotic and swirling. While some metals might be facing a rocky road, JPMorgan’s Commodities Research team, led by Greg Shearer, sees gold as holding strong through the turbulence, calling recent gold action a “stumble not a sea change.” Here’s the JPMorgan breakdown on what to watch in metals as this political shift unfolds. “Timing and Sequencing Will Be Critical” For Base MetalsAs tariff tensions escalate, Peterson and his team emphasize that “policy timing and sequencing will be critical.” They …

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