October Metals Outlook - Gold vs. Copper - Bad Signs vs. Wrong Reasons, and 4Q Volatility - Gold may be setting records due to unfavorable geopolitical dynamics and stock-market complacency, while copper's supply disruptions diminish the metal's relevance as an economic indicator. A key metals mover in 4Q could be a modest recovery in suppressed US equity-market volatility, potentially underpinning gold while adding headwinds for copper. Full report on the Bloomberg terminal here: https://blinks.bloomberg.com/news/stories/t36xehgq1ys8 {BI COMD} #gold #metals #stockmarket #macroeconomics @BBGIntelligence(Mike McGlone)