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Keywords: Gold


Gold and silver prices plunge after Warsh's Fed nomination

A massive sell-off swept global commodity markets on February 2, 2026, hammering gold, silver, oil, and industrial metals as investors reacted to President Donald Trump's nomination of Kevin Warsh as the next Federal Reserve chair. The rout rippled through stock markets worldwide, with Asian exchanges......

Gold and silver extend historic plunge amid Asian market rout

Gold and silver prices continued their sharp decline during Monday's Asian trading session, deepening the losses from last week's massive sell-off. The downturn was sparked by President Donald Trump's nomination of Kevin Warsh, a former Federal Reserve governor, to replace Jerome Powell as......

UBS raises gold forecast to $6,200 amid record highs

UBS has boosted its gold price target to $6,200 per ounce for March, June, and September 2026, up from $5,000, citing stronger-than-expected demand driven by surging investment flows and central bank purchases. The upgrade comes as spot gold surged to a record $5,594.82 on Thursday, extending a stunning......

Gold plunges nearly $500 in widest intraday swing since 2013

Gold and silver prices plunged from record highs on Thursday in one of the most volatile trading sessions in over a decade. The precious metal saw a staggering swing of nearly $500 per ounce, wiping out roughly $3.4 trillion in market capitalization before a partial recovery. This marked the largest......

European stocks rebound as record gold prices boost mining sector

European stock markets climbed Thursday, fueled by soaring precious metals prices that propelled mining shares higher, even as technology stocks faced headwinds from disappointing results at SAP. London's FTSE 100 rose 0.6% to 10,217.40 points by midday, while the pan-European STOXX 600 gained 0.4%......

Bitcoin hits 2026 low amid $750 million liquidations

Bitcoin plunged to its lowest point of 2026 over the weekend, dipping below $88,000 as cascading liquidations and a rush to safe-haven assets rattled cryptocurrency markets. Investors grew wary amid escalating geopolitical tensions and uncertainty ahead of the Federal Reserve's interest rate decision......

Gold surpasses $5,000 for the first time amid dollar weakness

Gold prices shattered the $5,000 barrier for the first time on Monday, soaring to a record high above $5,100 per ounce as investors flocked to safe-haven assets. This surge unfolded against a backdrop of a weakening US dollar and mounting speculation about a potential joint intervention by the United......

Türkiye’s international reserves surpass $200 billion for the first time

Türkiye has reached a historic milestone as its international reserves exceeded the $200 billion mark for the first time, according to data released by the country’s central bank. As of January 16, total official reserves stood at approximately $205.2 billion, reflecting a weekly increase......

Trump's Greenland tariff threats trigger sharp US futures drop

US stock futures plunged sharply on Tuesday as President Donald Trump escalated trade tensions with European NATO allies by threatening new tariffs linked to his push to acquire Greenland. Dow Jones Industrial Average futures tumbled 600 to 750 points, reflecting a drop of 1.3% to 1.5%, while S&P......

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