Gold and silver prices are falling sharply after reaching record highs last week, with gold dropping from over $5,500 to below $4,500 per ounce, and silver suffering a more than 31% decline. The sell-off was triggered by President Trump’s nomination of Kevin Warsh as Fed chair, who may be less inclined to cut interest rates aggressively, coupled with a rebound in the dollar. Analysts are divided on the future of precious metal prices, with some anticipating a recovery while others warn of a potential bubble. Overall, market dynamics are shifting as investors react to rising costs and changing economic policies.
