Precious Metals
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Gold, silver selloff was inevitable after January's explosive rally, but broader trend remains intact
KITCO· 2026-01-30 20:27
Core Insights - The article discusses an explosive rally in January, indicating that the market may be overextended and could experience a snapback [1][2]. Group 1: Market Trends - The current market trend remains intact despite the potential for a snapback, suggesting resilience in the overall market dynamics [1][2]. Group 2: Price Movements - Specific price points mentioned include $5,602 and an increase of $121, indicating significant movements in asset values [1][2].
Trump's Fed Chair Pick Triggers Gold, Silver's Worst Day Since 1980: What's Moving Markets Friday?
Benzinga· 2026-01-30 18:59
Core Viewpoint - Precious metals experienced a significant sell-off following President Trump's announcement of Kevin Warsh as the new Federal Reserve chairman, ending a prolonged rally in the sector [1]. Group 1: Precious Metals Market Reaction - Silver prices plummeted by as much as 33% to $78 per ounce during midday trading, marking a potential historic decline, the worst single-day drop since 1980 [2]. - Just a day prior, silver was on track for its best monthly performance since the U.S. Civil War, having surged approximately 60%, but this was reduced to a monthly gain of around 10% by the end of January [3]. - Gold prices fell below $5,000, dropping to $4,700 per ounce, which represents a 12% decline, potentially marking gold's worst session since March 1980 if sustained [4]. Group 2: Market Sentiment and Federal Reserve Implications - The sharp decline in precious metals reflects market interpretations of Warsh's nomination, as he is viewed as a hawk focused on inflation control rather than employment support [5]. - The perception of Warsh's stance has diminished earlier concerns regarding the Federal Reserve's credibility and independence under political pressure, leading to a significant reversal in the "debasement trade" that had characterized market trends throughout January [6]. Group 3: Broader Market Impact - Equity markets also reacted negatively, with the Nasdaq 100 falling 1.1%, the Dow Jones slipping 0.9%, and the S&P 500 declining 0.6%, although the sell-off magnitude was less severe than in precious metals [7]. - Macro data indicated that U.S. producer prices rose by 0.5% month over month in December, exceeding the 0.2% consensus forecast, which further reinforced inflation concerns [7].
Precious metals crash, with silver plunging 35%, gold falling 12% while bitcoin holds at $83,000
Yahoo Finance· 2026-01-30 18:50
The bubble in precious metals might have popped this week, with silver's violent decline on Friday leading the group lower. Having touched a new record of $120 per ounce earlier in the session, silver has pulled back to $75 in U.S. afternoon hours, now lower by 35% for the day. Gold — which as recently as Sunday had never seen $5,000 per ounce — climbed to $5,600 at one point Thursday, but has now retreated to $4,718, down 12% for the day. Platinum is lower by 24% and palladium by 20%. To put silver's ...
Gold and silver prices fall as Trump names Kevin Warsh as his Fed Chair pick. Why are precious metals down?
Fastcompany· 2026-01-30 16:31
Gold and silver prices fall as Trump names Kevin Warsh as his Fed Chair pick. Why are precious metals down? - Fast Company[Try our mini crossword with a business twist: Play Fast Company Mini Crossword]LOGIN[SUBSCRIBE]- [INNOVATION FESTIVAL]- [Video]- [Podcasts]- [Games]- [Work Life]- [Leadership]- [News]- [Design]- [Tech]- [Premium]|[Custom Studio]- [Texas A&M University]- [IBM]BY [Sarah Fielding]Listen to this Article [More info]0:00 / 0:00Gold and silver have [had an exceptional year], breaking record hi ...
I Invested in GLD and Prices Went Crazy. Do You Think It's About to Crash?
Yahoo Finance· 2026-01-30 16:01
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. A Reddit investor summed up what many gold holders are asking right now. "I was lucky enough to guess right," the user wrote, explaining they bought 10.5 shares of the SPDR Gold Shares ETF (NYSE:GLD) at an average price of $370 in late November. Roughly two and a half months later, the position was up more than $1,100, nearly a 30% gain, as gold prices surged to record highs. The investor said they plan ...
Gold falls to $5,000, silver tumbles 14% as precious metals rally come to a halt
Yahoo Finance· 2026-01-30 15:14
Group 1 - Gold prices fell 6% to around $5,000 per ounce, while silver tumbled 14%, marking a sharp reversal from this year's rally in precious metals [1] - Gold prices have risen approximately 15% year to date, influenced by a weaker dollar against other currencies [3] - Silver prices have increased roughly 28% year to date, following a significant rally in 2025, although analysts note that prices have overshot forecasted averages [6] Group 2 - Goldman Sachs analysts set a year-end price target of $5,400 for gold, indicating potential upside risks due to increased participation from private-sector investors [4] - The volatility in precious metals is exacerbated by a wider stock market sell-off, with major averages all lower [1] - Analysts express concerns about the current phase of rapid price increases in metals, suggesting that volatility may lead to liquidity issues [2]
Gold falls to $5,000, silver tumbles 13% as precious metals rally come to a halt
Yahoo Finance· 2026-01-30 13:44
Gold (GC=F) fell 6% to around $5,000 per ounce on Friday while silver (SI=F) tumbled 13% in a sharp reversal of this year's massive rally in precious metals. The volatility came alongside a wide stock market sell-off, with the major averages set to open in red territory following a slide in tech stocks. "The higher metals rise, the more likely 2026 will mark enduring price peaks — notably for silver — if history is a guide," wrote Mike McGlone, senior commodity strategist at Bloomberg, on Friday. "The ...
黄金供应商正干一单亏一单,有从业者直呼赚钱时代过去了
21世纪经济报道· 2026-01-30 13:28
Core Viewpoint - The gold price surge does not equate to profits for all participants in the gold industry, with some intermediaries facing significant losses despite rising prices [1]. Group 1: Gold Price Trends - On January 29, gold prices reached a record high of nearly $5,600 per ounce, up from $2,800 per ounce a year ago, before settling around $5,050 per ounce [1]. - The stock prices of gold-related companies have surged, with Sichuan Gold's stock price increasing from 31 yuan to 66.86 yuan per share within ten days [1]. Group 2: Industry Challenges - Some gold processing companies are struggling, with intermediaries reporting losses on transactions, leading to a belief that the profitable era for the industry is over [1]. - Certain banks have temporarily suspended gold investment products due to rapid price fluctuations, which has inadvertently caused panic buying among consumers [3]. Group 3: Business Model and Operations - Many mid-tier gold companies operate on a "light asset" model, relying on orders to purchase raw materials, which exposes them to price volatility and potential losses [9]. - The pricing structure for gold products includes additional fees based on craftsmanship, which can make products less appealing as gold prices rise [5]. Group 4: Market Dynamics - The gold market is seeing a shift where banks may move towards selling their own branded gold products, potentially sidelining smaller gold processing companies [6]. - The majority of gold sold through banks is pre-sold, with delivery times ranging from 2 to 15 working days, complicating the supply chain for smaller suppliers [6]. Group 5: Consumer Behavior and Investment Risks - The surge in gold prices has attracted many investors, but there are warnings about the risks associated with non-regulated investment channels, emphasizing the importance of using reputable financial institutions [11]. - The recent volatility in gold prices has led to a significant drop, with prices falling below $5,000 per ounce, which may provide some relief to struggling gold companies [12].
金价跳水!一天暴跌超400美元,“说话间就跌了几十元”
Mei Ri Jing Ji Xin Wen· 2026-01-30 12:20
Group 1: Gold Price Movement - On January 30, international gold prices experienced a significant drop, with spot gold falling from a peak of $5,450 per ounce to below $5,000, marking a maximum decline of 8% [1] - Concurrently, international silver prices also plummeted, with spot silver dropping below $100, experiencing a decline of over 17% [3] Group 2: Impact on A-Share Market - The A-share gold concept sector faced a "limit down" wave, with multiple companies such as Yunnan Copper, Jiangxi Copper, and Zhongjin Gold hitting the trading limit [5] - Specific stock performances included Shandong Gold and Sichuan Gold both declining by 10% [7] Group 3: Jewelry and Retail Market Reaction - Several gold jewelry brands significantly reduced their prices, with quotes for 24K gold jewelry dropping to around 1,620 to 1,685 yuan per gram, down from over 1,700 yuan [12] - In Beijing, gold buyback prices were adjusted downwards by nearly 70 yuan per gram within a single day, causing hesitation among sellers [12][13] Group 4: Market Sentiment and Analyst Views - Analyst Dan Bin expressed a bearish outlook on gold and silver, suggesting that extreme price increases often lead to sharp declines [15] - Historical patterns indicate that gold prices have previously experienced significant volatility, with analysts noting that market conditions such as U.S. economic performance and geopolitical risks will influence future price movements [16] Group 5: Global Gold Demand Trends - The World Gold Council reported that global gold demand is projected to reach 5,002 tons by 2025, driven by investment demand and geopolitical uncertainties [18] - In 2025, global gold ETF demand is expected to increase significantly, with North American funds contributing the majority of the growth [19] - China's gold investment demand is also anticipated to remain strong, with a notable increase in gold bar and coin purchases [20]
Jim Cramer Warns Silver Is 'Overvalued' As Peter Brandt Explains Why Your 'Supply Shortage' Narrative Might Be Dead - Global X Silver Miners ETF (ARCA:SIL), Amplify Junior Silver Miners ETF (ARCA:SILJ
Benzinga· 2026-01-30 09:48
Silver prices are retreating from a historic peak after two of the most prominent voices in finance issued a stark reality check to investors riding the white metal's parabolic surge.The Peak And The PivotOn Jan. 29, silver reached a staggering all-time high of $121.6700 per ounce. However, the euphoria was short-lived.By Jan. 30, the market witnessed a sharp correction, with silver spot prices falling to $108.8400—a drop of 5.90%, as of the publication of this article.This sudden $6.82 slide coincided with ...