Silver Crashes 31% in a Single Day as Trump’s Fed Pick Sparks Profit-Taking Frenzy
Key Points Gold and silver prices tumbled Friday after President Donald Trump’s reported choice of Kevin Warsh to lead the Federal Reserve appeared to calm fears about the central bank’s independence—and sent the dollar sharply higher. Spot silver sank 28% to $83.45 an ounce, hovering near its intraday lows. Silver futures suffered an even steeper … Read more