Strengths
The best performing precious metal for the week was gold, but still down 1.61 percent. Gold rose on Thursday, breaking a two-day loss streak, as the U.S. dollar fell and halted stimulus negotiations sent equities lower. Bloomberg notes that spot gold rose to $1,903 after falling 2 percent on Tuesday and Wednesday. Silver and palladium also rose with gold.
In the first nine months of 2020, inflows into silver-backed ETFs nearly tripled the amount from the same period a…