September 8, 2021

Gold and silver are firmly in the red mid-week, trading at $1,793 and $24.05, down nearly 2% and 3% respectively from Friday’s closes. After stocks initially rose on Friday, August’s abysmal jobs report is weighing on equities as the three major indices are down across the board and the S&P 500 and Dow are poised to post back-to-back losses in this shortened trading week.