Gold Plunges 20% From Peak as Kevin Warsh Fed Nomination Sparks Selloff

TLDR Gold prices plunged 10% on Monday following Friday’s biggest single-day drop in over a decade Silver crashed 16% in one day, erasing all gains made in 2026 so far Trump’s choice of Kevin Warsh to head the Federal Reserve triggered the massive selloff Gold reached $5,626.80 and silver hit $121.79 last week before the [...]

The post Gold Plunges 20% From Peak as Kevin Warsh Fed Nomination Sparks Selloff appeared first on Blockonomi.