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Monthly Archives: January 2021

Week in Review: Gold and silver dip on account of massive selling pressure [18th to 22nd January 2021]

The haven metals had, yet again, another dramatic week. Both metals recorded heavy dips as the week came to an end, wiping away early gains. The Friday slump came as sell-off pressure among investors intensified. Here is the summary: Monday 18th The metals had a fairly bright start to the week following a massive descent

Week in Review: Gold and silver lose ground heading into the weekend [11th to 15th January 2021]

The precious metals had a mixed performance that saw them dip ahead of the weekend. Gold traded near the $1850 level seeing the only significant change on the last day of the week. Silver stayed above the $25 level for the most part but couldn’t cut above $26. Overall, it was a dull week for

Week in Review: Gold and Silver markets plunge giving up early gains [4th to 8th January]

Gold and silver had a very bright start rallying on the first two days of the week. However, the precious metals. Both metals recorded their highest prices of the week on Tuesday before plummeting on the subsequent days. Gold sank to a three week low whereas silver saw a two-week low. Monday 4th The precious

Week in Review: Midweek gains for Silver and Gold to usher in 2021 [28th Dec to 1st Jan]

The precious metals posted fair performance in the last week of 2020. The most inspiring trading session happened on Wednesday as both metals recorded relatively significant gains.  The silver market particularly spiked investor interest as silver nearly got to $27 heading into 2021. Main Street analysts believe it is the metal to keep tabs on