Silver

Global equities extended losses into a third session as a selloff on Wall Street intensified, with precious metals gripped by wrenching volatility

While early media narratives focused on speculation surrounding US President Donald Trump’s announcement of a new Federal Reserve chair Kevin Warsh, market participants point to more technical and structural causes behind the move

The crash in precious metals seems to have temporarily ended the record-breaking price rally that saw gold scale a record high of $5,594.82 an ounce on Thursday

J.P. Morgan analysts said that they have a stronger preference for gold relative to silver as any disruptive correction in silver could have some near-term contagion into gold

Bullion staged a stellar rally in 2025, ending the year with annual gains of 64 per cent, its largest since 1979

Markets remain focused on the Fed’s policy outlook after the US central bank delivered a 25-basis-point rate cut last week in a rare split decision