Gold and Silver Prices Drop Significantly Before Trump's Selection for Fed Chair: Here's the Reason.
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 30 2026
0mins
Should l Buy ?
Source: Barron's
- Gold Price Movement: Gold prices fell below $5,000 briefly on Friday morning.
- Market Reaction: The decline occurred as global markets anticipated President Donald Trump's announcement regarding his Federal Reserve pick.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
