October 12, 2020

Gold and silver have stabilized around $1,922 and $25.20, down modestly from their session highs of $1,934 and $25.65 as strong equity gains are putting downward pressure on metals. Decreasing chances of a new stimulus package and increasing COVID cases in the US are having little effect on stocks, which are up across the board.  The Dow, S&P 500, and Nasdaq are up 1%,2%, and 3% respectively heading into the final hour of trading.