Precious metals take a step back this week following the market mayhem seen in January. Gold drops just below $5,000 and while silver does drop by 8%, it remains near the middle of its wide trading range. Equities remain quiet as well, with the S&P dropping 1% and the USD climbing 0.8%. The breather seen across markets this week indicates a period of consolidation following the recent volatility. Thanks for listening.
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