Gold fell as DC burned; what it means for gold and other commodities in 2021

January 8, 2021

New York (Jan 8)  Jeff Christian discusses what happened in Washington this week and why Gold and other commodities markets did not react as might have been anticipated. He then discusses what he expects out of a Biden presidency and why CPM Group expects Gold, Silver, Platinum, Palladium, and other commodities markets to continue their historic rise over the coming year. He concludes by giving a preview of CPM Group’s brand new Precious Metals Advisory report.

By 1pm EST spot gold has plunged $73 to $1,836, wile spot silver was pounded down nearly 10% to $24.65. Spot palladiun and platinum also plunged more than 3% TODAY.

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