Gold, Silver continue sharp fall, USD stabilizes post-Friday rebound [Video]

Ipek Ozkardeskaya Swissquote Bank Ltd

Gold and silver are in free fall, Asia is selling, and leveraged positions are getting flushed faster than I can finish my sentence. Silver, which raced ahead of gold on the rally, is now leading the correction, while gold tests key technical support levels.

But this isn’t just about metals — the US dollar is rebounding, yields are shifting, and markets are grappling with what comes next from the Fed. Speculation over the next Fed chair and potential balance-sheet reductions is adding pressure across equities, FX, and bonds.

Risk-off sentiment dominates, even as rate expectations fluctuate and central-bank divergences offer trading opportunities. With a packed earnings week ahead — Palantir, Disney, AMD, Google, Qualcomm, and Amazon — investors are watching not just results, but where growth really comes from. In a week like this, positioning may matter more than fundamentals, and even “safe havens” aren’t safe anymore.

Author

Ipek Ozkardeskaya

Swissquote Bank Ltd

Ipek Ozkardeskaya began her financial career in 2010 in the structured products desk of the Swiss Banque Cantonale Vaudoise. She worked in HSBC Private Bank in Geneva in relation to high and ultra-high-net-worth clients.

EUR/USD stays weak near 1.1850 on firmer US Dollar

EUR/USD holds onto Friday’s losses near 1.1850 in the early European trading hours on Monday. The pair remains vulnerable to further downside as the US Dollar stays firm following President Donald Trump’s nomination of Kevin Warsh as the next Fed Chair. The focus now shifts to the US ISM Manufacturing PMI data.

GBP/USD drops below 1.3700 as markets mull a Fed under Warsh

GBP/USD stays under pressure below 1.3700 in the European morning on Monday. Traders weigh what a Federal Reserve under Kevin Warsh might look like, propping up the US Dollar at the expense of the Pound Sterling. The US ISM Manufacturing Purchasing Managers Index report is next of note later on Monday.

Gold: Correction extends ahead of US ISM PMI

Gold price extends correction to fresh monthly lows near $4,400 in European trading on Monday, pressured by some profit-taking. The precious metal continues its downtrend after reaching historic highs last week as Kevin Warsh's nomination as the next Fed chair eases concerns over the US central bank’s independence, bolstering the US Dollar recovery. US ISM PMI Manufacturing PMI data is awaited.

Cardano dips below $0.28 as bears eye October 2023 lows

Cardano price trades in red, slipping below $0.28 at the time of writing on Monday, following a correction of more than 15% in the previous week. The broader crypto market remains under pressure, with Bitcoin slipping below $75,000 on Monday.

Warsh effect ripples through markets, central banks on deck this week

The first full month of the year is behind us, and, honestly, it has been rather more dramatic than most had anticipated when toasting the New Year. We wrapped up last week with US President Donald Trump announcing his Fed Chair pick.

Bitcoin slips below $75,000 as selling pressure accelerates

Bitcoin (BTC) price falls below the $75,000 mark on Monday, having corrected nearly 11% in the previous week and reaching level not seen in nearly 10 months. Market momentum has clearly turned bearish, with technical indicators pointing to further downside toward the next key support at $70,000.