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Gold and Silver Plunge as Wild Swings Rock Metals Markets
January 30, 2026 at 01:47 PM
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What You Need To Know
- The fall was triggered by the dollar rebounding amid reports that Trump was set to nominate Kevin Warsh for Fed chair.
- Friday’s selloff is the biggest shock to the rally since a similar slump in October.
- Even after the pullback, gold is still up more than 10% in January. Silver is up about 14%.
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