March 26, 2021

Gold and silver both rose slightly today, closing at $1,732.60 and $25.09; however, ended the week down 0.6% and 4.4% respectively.  The PCE Price Index came in at 0.2% for February, missing estimates of 0.5%, which helped push treasury yields lower as inflation fears seem unwarranted—at least in the short-term future.  Stocks gained on the news, including the Nasdaq which was hit hardest on inflation worries and rising yields, which gained 1.24% today.  The S&P rose 1.66% for its best daily performance in weeks and the Dow jumped 450 points.