Global Finance Desk

Commodities

Tracks gold, oil, metals, and agricultural commodities, including futures trading, market outlooks, and supply-demand dynamics.

Gold and Silver slide as Trump’s Fed pick calms markets, Stocks recover

Gold and Silver slide as Trump’s Fed pick calms markets, Stocks recover

Gold and silver prices plunged after US President Donald Trump nominated former Federal Reserve official Kevin Warsh to succeed Jerome Powell, easing investor fears over central bank independence. The move triggered a rotation out of safe-haven assets into equities, reshaping global market sentiment.

January 30, 2026