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Silver suffers biggest drop in 46 years, with ‘every man and his dog rushing for the exit’
Yahoo Finance· 2026-01-30 20:07
Silver futures ended well below $100 an ounce on Jan. 30. - Getty Images Silver’s plunge on Friday was the metal’s worst daily drop since 1980 and was described by one strategist as “every man and his dog rushing for the exit.” President Donald Trump’s nomination of Kevin Warsh as the next Federal Reserve chair fueled a recovery in the U.S. dollar DXY, with some analysts saying Warsh would be less supportive of lower interest rates than other potential candidates for the role. That prompted selling among ...
Gold, silver tumble after record tun as Fed Chair rumours tattle markets
Invezz· 2026-01-30 11:16
Gold and silver prices came to a screeching halt on Friday as the precious metals experienced wild swings to the downside. Silver prices on COMEX, which peaked above $120 per ounce earlier this week,... ...
Stock Futures Rise as Markets Weigh Up Big Tech Earnings, Trump Iran Fears
Barrons· 2026-01-29 10:43
Stock Futures Rise as Markets Weigh Up Big Tech Earnings, Trump Iran FearsCONCLUDED[Stock Market News From Jan. 29, 2026: Nasdaq Slides as Microsoft Gets Pummeled]Last Updated:---Updated 15 hours ago# Stock Futures Rise as Markets Weigh Up Big Tech Earnings, Trump Iran FearsBy[George Glover]Stocks looked set to rise on Thursday as investors tried to make sense of a mixed bag of Big Tech earnings, while precious metals were once again making eye-popping moves.Futures tracking the Dow Jones Industrial Average ...
Bank of America now sees $65 silver, as price spike reduces London market to a ‘state of seizure.’
Yahoo Finance· 2025-10-13 11:00
Technicals have supercharged the silver rally and the shortage of bullion for delivery in London threatens to render the market disfunctional. - Getty Images/iStockphoto Despite rallying by two thirds in 2025, the price spike in silver shows no sign of abating and, if anything, seems set to become even more extreme, say analysts. As prices climbed Monday, Bank of America’s global commodity team on Monday published a bullish outlook for precious metals and stuck a $65 per ounce price target on silver for ...