Gold and Silver Stocks Tumble Across the Board on Monday as Market Sentiment Shifts to Caution
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)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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