Gold Heads for Worst 2-Day Drop Since 1980, Silver Erases 2026 Gains | The Pulse 2/2/2026

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Why This Matters

Gold and silver prices are experiencing a significant drop, with gold heading for its worst 2-day decline since 1980 and silver erasing its 2026 gains. This market movement is being discussed by high-profile guests in a Bloomberg interview. The drop in precious metals may indicate a shift in investor sentiment.

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.

"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops. Today's guests: Christian Mueller-Glissmann, Goldman Sachs, Head of Asset Allocation Research; Alicia García-Herrero, Natixis, Chief APAC Economist; Michael Haigh, SocGen CIB, Head of FIC & Commodities Research; Jasmine El-Gamal, Mindwork Strategies, Founder and CEO (Source: Bloomberg)

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Original article published by Bloomberg on February 2, 2026.
Analysis and insights provided by AnalystMarkets AI.