November 22, 2021

Gold and silver dipped to 2-week lows Monday after President Biden selected Jerome Powell to continue as his Fed Chair citing his handling during the pandemic and a need of continuity as his primary reasons. Stocks ended the day mixed, but primarily in negative territory. The Nasdaq was hardest hit as tech stocks tumbled and finished down 1.26%. The S&P500 dipped 0.32% and the Dow eked out a win, rising 17 points for the day.