May 24, 2021

The precious metals complex flexes upward momentum today with gold reaching a 4-Month high as bullish investor sentiment weighs in on recent developments.

Rising inflation data continues to favor the prospect of higher gold prices.  However, recent declines in the crypto currencies have also fueled a shift back towards physical assets such as precious metals.

COMEX Gold for June delivery opened $1,883.50 up 0.36% (+6.55% MTD).  COMEX Silver for July delivery opened at $27.690 up 0.74% (+7.02% MTD).