April 21, 2021

Gold surged today to $1,795.00, its highest level in nearly 2 months and silver broke $26.60 for the first time since early-March as bond yields dipped and the US dollar continued to decline, currently down nearly 1% for the week. Equities began the day sharply in the red, looking like they would have their third consecutive negative session, but reversed course on strong earnings across multiple sectors.  The Dow finished up 316 points or nearly 1% while the S&P500 and Nasdaq finished up 0.9% and 1.2% respectively.