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

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)

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