January 20, 2021

Gold and silver climbed today to their highest levels in nearly two weeks as the US dollar retreated slightly and has remained stagnant over the past month. Equities rose sharply with all major indices closing at record highs. The Nasdaq jumped 2% while the Dow and S&P 500 gained 0.8% and 1.4% respectively. Stocks had their best inauguration day in decades as investors seem ready to put the turmoil of this election behind them and embrace the certainty that came with today’s transfer of power, regardless of political affiliation.