Gold and Silver Prices Plummet Amidst Fed Chair Nomination
31.01.2026, 15:00
The market for precious metals has experienced a dramatic downturn following the announcement of Kevin Warsh as the new Federal Reserve chair by Trump. Gold prices have dropped sharply, sinking to around $4,900, while silver has plummeted over 30%, marking its worst day since 1980. The selloff has...