economy

January 30, 2026

Silver plunges 30% in worst day since 1980, gold tumbles as Warsh pick eases Fed independence fear

Gold and silver prices plunged on Friday, following weeks of gains as investors poured money into safe havens.

Silver plunges 30% in worst day since 1980, gold tumbles as Warsh pick eases Fed independence fear

TL;DR

  • Gold and silver prices fell sharply on Friday.
  • The price drop follows weeks of gains for the precious metals.
  • Investors had previously been investing heavily in gold and silver as safe-haven assets.

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