London, Jan 30, 2026 (AFP) - Gold, silver prices tumble as investors soothed by Trump's Fed pick

NAMPA / AFP

2026-01-30

Gold and silver prices dived Friday and European stock markets climbed as investors were left reassured by US President Donald Trump's pick to take over as head of the Federal Reserve. The precious metals, viewed as safe-haven investments, had already begun sliding on reports that Trump was to nominate former Fed official Kevin Warsh to replace Jerome Powell as chair of the US central bank. Trump confirmed his choice Friday on Truth Social. "I h......

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