Core Viewpoint - The nomination of Kevin Warsh as the Federal Reserve Chairman by President Trump has triggered hawkish market expectations, leading to a panic sell-off in precious metals, particularly gold and silver [1][5]. Group 1: Market Reaction - Starting from January 30, significant fluctuations in gold and silver prices were observed, with a notable sell-off intensifying into January 31 [1]. - On January 31, the spot silver price experienced a dramatic drop of 35.89%, while the spot gold price fell by 12.92%, dipping below $4,700 per ounce to a low of $4,682 per ounce [1]. - By the end of trading on January 30, the spot gold price closed at $4,880.034 per ounce, marking a decline of 9.25%, the largest single-day drop since April 1, 1980 [2]. Group 2: Historical Context - The spot silver price on January 30 closed down 26.42%, representing the largest single-day decline since February 28, 1983, at $85.259 per ounce [3]. Group 3: Analyst Insights - Analysts suggest that the strong negative impact on gold and silver prices is not solely due to expectations of aggressive rate hikes by the Federal Reserve, but rather because Warsh is perceived as a candidate who can "re-anchor the credibility of the Federal Reserve" [5].
“不能因金价降了就退货,退单一律扣500元”!现货黄金价格大跌,多品牌设置退货手续费【早报】
Sou Hu Cai Jing·2026-02-01 00:18