Gold markets experienced significant turbulence during Wednesday's trading session, with prices swinging nearly $60 within a two-hour period amid speculation surrounding Federal Reserve Chairman Jerome Powell's potential dismissal. The precious metal's volatile performance underscores the market's sensitivity to monetary policy uncertainty and broader economic concerns. The day's trading drama began with reports suggesting that President Trump had inquired whether lawmakers would support removing Powell from his position as Federal Reserve Chairman. These initial reports sent gold prices surging as investors sought ... (full story)