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Gold and Silver Stocks Tumble Across the Board on Monday as Market Sentiment Shifts to Caution

By: theblockbeats.news|2026/02/02 09:00:42
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BlockBeats News, February 2nd, Monday Morning, the USD/JPY exchange rate strengthened, Asian stock index futures generally fell, US stock index futures fell by 1%, highlighting the market's fragile sentiment on Wall Street after a turbulent week.

At the opening, spot gold's decline expanded to 3.5%, silver fell by nearly 9%, WTI crude oil fell by 4%.

Prior to this, influenced by the sharp drop in precious metals and Trump's nomination of Kevin Warsh as the next Fed chairman, the US dollar saw its largest single-day increase since May last year on Friday. (Oriental Wealth)

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