January 21, 2021

Gold and silver fell in tandem with equities today as COVID cases continue to rise and the effects of holiday travel continue to roll in,  in the form of rising deaths and hospitalizations. The Biden Administration revealed some details of their proposed stimulus package which trumps December’s $900 billion relief bill. Stocks aren’t responding to the likelihood of new stimulus as they have in the past, however, with all major indices trading in the red. Even with today’s drop, gold and silver are looking to close the week up 1.5% and 3.0% respectively.