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Gold, silver prices crash on Budget 2026 day! What’s causing the slide?

Posted on February 1, 2026 by emergeadmin

Gold and silver prices experienced a significant tumble on Sunday, hitting lower circuits after a historic crash on Friday. Profit-taking, a stronger US dollar, and speculation surrounding the US Federal Reserve’s leadership, particularly the nomination of Kevin Warsh, fueled the sharp correction in precious metals.

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