12:06 PM

 

October 26, 2020 – Gold and silver prices gained modestly in last week’s trading.

Check the Gold price here: https://t.co/jWSWw7DH38

In recent weeks, price performance has been all about the dollar. The DXY index closed back below 93 last week and that gave a boost to the metals.
Stock prices also finished higher, but the S&P 500 remains below the highs from early September.

Investors are waiting to see the results of next week’s presidential election.

Until then, there won’t be much conviction about which direction the markets are headed.

Some major economic data is due out this week, if there are any investors who aren’t focused exclusively on presidential politics. We’ll see reports on durable goods and GDP as well as personal income and spending.

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