Yesterday’s remarks made by U.S Treasury Secretary Janet Yellen spoke about the current status of interest rates in regards to the Federal Reserves’ commitment to maintaining extremely accommodative Fed Funds rates set between 0 and ¼%.

Yesterday both gold and silver moved to higher pricing. In the case of silver, the most active June 2021 contract gained in excess of 4% and moved back over $27 per ounce.

Gold futures had a strong and respectable gain in trading today, with the most active June 2021 Comex contract gaining just over $25 per ounce. As of 4:45 PM EST, the most active gold contract is trading up $25.50 and is currently fixed at $1793.20.