November 09, 2018

Gold and silver are both down this morning to their lowest levels in over 3 weeks, currently trading at $1,210.40 and $14.17 respectively.  The decline comes as the US dollar gained momentum after the Fed’s announcement to remain aggressive regarding future interest rate hikes.  Stocks are down following the news as well, but the Fed pointed to employment and inflation data as primary arguments for increasing interest rates in the coming months.