January 2021 in Precious Metals, by Steven Cochran
Welcome to SurvivalBlog’s Precious Metals Month in Review, where we take a look at “the month that was” in precious metals. Each month, we cover gold’s performance and the factors that affected gold prices. Year-End Gold Market The fourth quarter of 2020 was not kind to precious metals. Losses in both October and November seriously dented annual returns for both gold and silver. Gold’s December gain of 6.3% was barely enough to erase October and November’s losses. Still, gold posted a gain of more than 24% in 2020, a ten-year high. Silver traded up 17% in December, enough for a …