September 21, 2020

Gold and silver plunged to their lowest levels since July on a surging US dollar and a significant equity selloff.  Much of the rise in the dollar and falling stock prices can be attributed to a resurgence of COVID-19 cases throughout Europe, putting several countries at risk for another lockdown. The Dow dropped about 510 points, its worst day in three weeks and the S&P 500 fell 1.2% today.  The Nasdaq outperformed the others, boosted by tech stocks, finished down only 0.1%.