-
Gold, silver fall further as CME margin hike stokes selling
Gold and silver prices dropped on Monday as increased CME margin requirements added to the selling pressure following last week's selloff sparked by Kevin Warsh's nomination as the incoming Federal Reserve chair. Spot gold was 3.2% lower at $4,708.19 per ounce by 1008 GMT, recovering from nearly a 10% fall earlier in the session. Bullion shed more than 9.8% on January 30, in its sharpest one-day drop since 1983. Gold has lost about $900 since hitting an all-time-high of $5,594.82 on January 29, erasing most of this year's gains. U.S. gold futures for April delivery were down 0.3% to $4,730.40/oz. Spot ... (full story)
- Comments / Top
- Subscribe
-
- Older Stories
From miningweekly.com|Feb 2, 2026The latest compliant mineral resource estimate of the Witwatersrand Basin project of Sydney-listed West Wits Mining is up 2.2-million ounces, which strengthens the gold revival of ...
From channelnewsasia.com|Feb 2, 2026Sediment containing rare earth was retrieved from ocean depths of 6,000m on a Japanese test mission, the government said on Monday (Feb 2), as it seeks to curb dependence on China ...
From channelnewsasia.com|Feb 2, 2026|3 commentsJapanese Prime Minister Sanae Takaichi faces a crucial markets test in the final run-up to a snap election this weekend where she is hoping a decisive victory will give her a ...
-
- Newer Stories
From gold.org|Feb 2, 2026Last week, central banks across developed economies held policy rates and the new Fed Chair was nominated, while economic updates were mixed. US consumer confidence weakened even ...
From think.ing.com|Feb 2, 2026The Bank of England is highly likely to keep rates on hold at this week's meeting (5 February), but will it open the door to earlier rate cuts? Judging by the Bank’s surprisingly ...
From investingcube.com|Feb 2, 2026|1 commentSilver is trading at $78.67 on the Monday London session after a 35% crash from its record peak last Thursday. The move from $121.00 to $78.67 is not merely a technical ...
- Story Stats
- Feb 2, 2026 5:46am Posted byFundamental Analysis407
- Instruments:
