Gold Heads for Worst 2-Day Drop Since 1980, Silver Erases 2026 Gains

NEWSMAKERS AND MARKET MOVERS. THIS IS "THE PULSE" WITH FRANCINE LACQUA. FRANCINE: GOOD MORNING EVERYONE.IT IS RIGHT ACROSS THE SCREEN A MELTDOWN IN GOLD AND SILVER SPARKS A DOMINO EFFECT IN STOCKS. THE MARKET REVERSAL WHICH BEGAN ON FRIDAY HAS DEEPENED WITH GOLD FALLING AS MUCH AS 10% AND SILVER PLUMMETING 60% AT ONE POINT. THE DOLLAR STRENGTHENED, EXTENDING GAINS ON FRIDAY WHEN PRESIDENT TRUMP NOMINATED KEVIN WARSH TO LEAD THE FEDERAL RESERVE.MORE ON THE MARKET REACTION. FIRST TO OUR BLOOMBERG BREAKING ...