PANews reported on January 30th that, according to Jinshi, analysts stated that gold and silver prices fell due to news that Kevin Warsh would be selected by Trump as the next Federal Reserve Chairman. An analyst from a Malaysian bank stated in a foreign exchange research and strategy report, "Warsh has long been a critic of extremely loose monetary policy and has served as a Federal Reserve governor; therefore, the market may be pricing in the potential impact of his appointment on the future policy path."
Analysts: Reports that Warsh is poised to succeed as Fed chairman impact market sentiment, causing gold and silver prices to fall.
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Author: PA一线
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