February 5, 2026

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Gold, silver prices continue to slide after Trump picks Warsh to lead Fed

Gold, silver prices continue to slide after Trump picks Warsh to lead Fed

A gold bar is shown in close-up.

Wild swings that swept through financial markets overnight calmed as Wall Street opened for trading on Monday. U.S. stocks are holding relatively steady following gains in Europe and sharp drops in Asia, while gold and silver prices rallied back from severe earlier losses.

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