November 19, 2021

Metals and equities slid in tandem today as rising COVID fears across Europe threaten the continuity of ongoing economic recovery. Austria reimpose its nationwide lockdown today and Germany says it may do the same as new cases surge across the region. Gold and silver are well of their recent highs, poised to close the week down 1% and 2.5% respectively. The Dow and S&P are set to close Friday in the red, however, the Nasdaq is up 0.50% as work-from-home stocks rebounded and treasury yields dipped, further boosting the growth-heavy index.