2020 was a good year for Gold and other precious metals as the economy weakened amid the coronavirus pandemic. Gold reached its all-time high of $2073 in August 2020. Gold, at the time of writing this article on December 23, 2020, was trading at around $1864 about 68.6% higher than its eight years low of $1046.25 in December 2015. Silver was lagging the gold most of the time since late 2017 and got ridiculously cheaper than gold when the world’s economy was frozen in march 2020. However, silver has outperformed gold and palladium in 2020 as the economy started to recover.
Stock Market News
Happy & Prosperous 2021 to You and Yours!
What a year it has been! Unprecedented, emotional, undefinable. As we head into 2021, SST wishes you all the best for your goals, plans, and resolutions! May this year reward all your future endeavors with success, and we will continue to be providing you with the very best investing tips.
Top Junior Silver Mining Companies Ready for Explosive Gain in 2020
After taking a nosedive to the $11 range in March 2020 amid the COVID-19 pandemic, silver broke its 2016 high in the $20 range and reached a peak value close to $30. This is very bullish for silver and silver mining stocks. “Unlike gold, silver may get a boost as major economies ease coronavirus-linked restrictions […]
RNC Delivers Strong First Quarter Financial and Operating Performance, Continuing to Reduce Costs and Strengthen the Balance Sheet, Reiterates 2020 Guidance
RNC will host a call/webcast on May 7, 2020 at 10:00 a.m. (Eastern Time) to discuss the first quarter results. North American callers please dial: 1-888-231-8191, international callers please dial: (+1) 647-427-7450. For the webcast of this event click [here] (replay access information below). TORONTO, May 7, 2020 /CNW/ – Royal Nickel Corporation dba. RNC Minerals (“RNC” or the “Corporation”) (TSX:RNX) is pleased to […]
Three Chinese Vaccines against COVID-19 are on the Way
At the beginning of 2020 when markets were rallying and life was normal, no one expected that a minuscule virus would take over the world and will make everyone its slave whether poor or rich, timid or brave. The good news is that in the countries including Canada where the majority of people are practicing […]