August 26, 2020

Gold and silver rose sharply on Wednesday as US-China relations continue to deteriorate amid ongoing pandemic blame, and now Chinese military exercise in the South China Sea.  Gold is up $32, trading at $1,944.60 and silver is up $1.17, trading at $27.43 which is its highest price of the week. The Nasdaq and S&P 500 are up 1.60% and 0.80% respectively on strong July durable goods data.  The Dow is effectively flat midday, up 10 points or 0.04%.