Gold prices fall 3% as Trump expected to announce Kevin Warsh as Fed chair pick

Market Intelligence Analysis

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Why This Matters

Gold prices fell 3% due to expectations of a new Fed chair, indicating a shift in market sentiment towards a more hawkish monetary policy.

Market Impact

Market impact analysis based on bearish sentiment with 80% confidence.

Sentiment
Bearish
AI Confidence
80%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

Gold prices slid after reports that US president Donald Trump is expected to nominate Kevin Warsh as the next chair of the Federal Reserve.

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Full article on Yahoo Finance
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Original article published by Yahoo Finance on January 30, 2026.
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