How Trump Sent Gold Values Crashing After Record Highs

How Trump sent gold values crashing after record highs

Gold and silver prices fell again today after Friday’s dramatic sell-off, triggered by President Trump’s nomination of Kevin Warsh as the next US Federal Reserve chair. Silver has since bounced back though. Both metals hit record highs in recent weeks, driven up by investors seeking safe haven assets amid rising geopolitical tensions and fears over the Fed’s independence.

Gold and silver extend slide after record-breaking rally

The selloff was triggered after US President Trump tapped Kevin Warsh to chair the Federal Reserve. Gold and silver prices fell further on Monday, extending losses after a sharp reversal of a recent rally that had lifted both to record highs. Gold prices plunged 8% to $4,465 an ounce on Monday, breaking a streak of record highs that had briefly pushed the metal to nearly $5,600 last week, before a partial rebound. Silver dropped 7%, following a …

'A little bubble basically burst': Gold and silver crash from record highs

The precious metals market collapses following the appointment of new US Federal Reserve chair Kevin Warsh, and some analysts say it signals a significant shift in the world's financial markets.

Gold Eyes Fresh Highs as Demand Returns

Gold prices are regaining momentum as renewed investment demand and steady central bank purchases push the metal closer to record levels. Analysts say concerns over rising inflation, increasing global debt, and economic uncertainty are encouraging investors to turn toward gold as a safe-haven asset. Major financial institutions such as UBS and JP Morgan forecast gold could reach around $6,200–$6,300 by the end of the year, while other banks main…

Trump to Iran: Make a Deal, Gold & Silver Crash

Daily news roundup for Monday, February 2: Trump to Iran: Make a deal or face war, Gold and silver crash hardest in decades, Russian drones kill 12 in Dnipro. Video