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Black Friday sales to reach record highs, gold remains a popular gift

From kitco.com

Once the Thanksgiving dinner is put away and the dishes are cleared, American consumers will be ready for another holiday tradition, Black Friday Shopping. Continuing a trend from 2020, a little bit of bling is expected to go under the Christmas Tree. As the busiest shopping period of the year kicks off, the National Retail Federation expects 2021 to be a record-breaker. The Federation projects consumers to spend between $843.4 billion and $859 billion this year, increasing 8.5% to 10.5%, respectively. Not only is the 2021 holiday shopping season expected to reach new record highs, but the increase is well above the ... (full story)

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  • Category: Fundamental Analysis