August 24, 2020

Gold and silver fell today as promising COVID-19 treatment news helped equities rise to begin the week.  Both the S&P 500 and the Nasdaq hit record highs today and the Dow Jones is up 260 points currently, still nearly 1,400 points back from its February high.  Gold and silver are nearing a 2-week low, but getting some support from ongoing weak economic data and pandemic stimulus spending, trading at $1,930 and $26.60 respectively.