Gold reached its January trough at $4,400 during the Asian session, before registering a slight uptick. Nevertheless, between Thursday and Friday, prices plunged by 700 points, representing the lowest single-day figure on record. Silver displayed similar turbulence, dropping sharply from $122 to $75, reflecting a highly reactive market environment. The period from January 25th to 30th saw pronounced volatility across precious metals, highlighting a week of heightened trading activity. Several factors contributed to these swings. In the United States, President Trump’s appointment of Kevin Warsh as the incoming Federal Reserve Chair influenced investor expectations. Markets are anticipating potential policy shifts, including adjustments in interest rates and liquidity strategies. The announcement, alongside Monday’s release of U.S. PMI data, offered critical insights into economic momentum, directly affecting short-term commodity pricing. Geopolitical developments were also pivotal. Red...
