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November 27th, Gold Prices fall after Black Friday

This week, the market closed on gold at $1756 on the 24th and 25th, with a drop in price shortly thereafter due to increased consumer spending on Black Friday.  Additionally, increased rates of Covid-19 and the Government’s attempt to deal with their slumping economy has had a mild effect on the price of gold as confidence in the US Dollar increased.

 Why Gold and Silver Stay Strong While Some Buyers Step Back

Gold and silver continue to attract attention as investors seek stability during uncertain economic times. Silver’s role in technology and renewable energy has also kept demand elevated, adding another layer of support to current prices. Meanwhile, the physical buying side of the market is under strain. High volumes of incoming material have filled refineries and […]

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