August 13, 2021

Gold and silver surged today after falling yesterday in what has been one of the most volatile weeks for metals in several months.  Today’s rise comes as the US dollar dropped below 92.5, turning negative for the month and bond yields plunged with the 10-year dipping below 1.3%.  For the week, gold is up about 1% since Friday’s close,  while silver is still 2.5% in the red.  Stocks finished slightly in the green across the board, securing record closes for the Dow and S&P 500.