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, European stock markets ended the week up while Wall Street fell slightly with investors 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, later confirmed, that Trump had nominated former Fed official Kevin Warsh to replace Jerome Powell as chair of the US central bank. Trump con......

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WINDHOEK, 30 January 2026 - Bank BIC Namibia has appointed Erastus Hoveka as its new chief executive officer, effective 02 February 2026. (Photo: Contributed)

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NKURENKURU, 30 January 2026 - The Kavango West Region on Friday commemorated International Leprosy Day under the theme "Leprosy is curable. The real challenge is stigma." (Photo by: Lylie Joel) NAMPA

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OTJIWARONGO, 30 January 2026 - Otjozondjupa Education Director, Gerhard Ndafenongo, speaks at the 2026 annual education conference at Otjiwarongo. (Photo by: Mulisa Simiyasa) NAMPA

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OTJIWARONGO, 30 January 2026 - Otjozondjupa Education Director, Gerhard Ndafenongo, speaks at the 2026 annual education conference at Otjiwarongo. (Photo by: Mulisa Simiyasa) NAMPA

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WINDHOEK, 30 January 2026 - Deputy Governor of the Bank of Namibia (BoN), Leonie Dunn. (Photo by: Molly Weyulu) NAMPA

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WINDHOEK, 30 January 2026 - Prime Minister Elijah Ngurare addressed learners at Hochland High School on Thursday. (Photo: Contributed)

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