October 22, 2021

Gold reached a 5-week high early Friday before retreating, but is still on pace to close the week up 1.6%,  while silver is looking to close 4.5% in the green for the week. Equites retreated this afternoon after Fed Chair Powell reemphasized the Fed’s commitment to its current tapering timeline. Stocks close mixed, with the Dow up about 95 points, the Nasdaq down 0.8%, and the S&P virtually flat.