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#PreciousMetalsTurbulence
Precious metals, particularly gold and silver, have experienced significant volatility recently. Gold prices hit a record high of $5,608 per ounce earlier this week, while silver peaked at $120 per ounce. However, prices plummeted, with gold falling below $5,000 and silver experiencing its worst single-day rout in decades ¹.
The sharp decline is attributed to overbought conditions, a shift in Federal Reserve policy expectations, and the nomination of Kevin Warsh as the next Fed Chair, signaling a stronger hawkish stance. This has boosted the dollar's appeal and reduced demand for non-yielding assets like gold and silver.
Precious metals, particularly gold and silver, have experienced significant volatility recently. Gold prices hit a record high of $5,608 per ounce earlier this week, while silver peaked at $120 per ounce. However, prices plummeted, with gold falling below $5,000 and silver experiencing its worst single-day rout in decades ¹.
The sharp decline is attributed to overbought conditions, a shift in Federal Reserve policy expectations, and the nomination of Kevin Warsh as the next Fed Chair, signaling a stronger hawkish stance. This has boosted the dollar's appeal and reduced demand for non-yielding assets like gold and silver.
$PEPE Coin (PEPE) is expected to trade within a range of $0.00000309 to $0.00000440 this February, with an average cost of $0.00000375. Predictions suggest a potential decrease, with the price forecasted to be around $0.000003761 on February 2, 2026, and potentially reaching $0.000003147 by March 2, 2026.
#PEPE #pepe⚡ #ZAMAPreTGESale
#PEPE #pepe⚡ #ZAMAPreTGESale
$PEPE (PEPE) is a meme-inspired cryptocurrency launched in April 2023. As of February 1, 2026, its current price is around $0.0000042, with a market cap of $1.8 billion. Predictions for PEPE's future are optimistic, with forecasts suggesting it could hit $0.000009280 by the end of 2026, representing a 124.15% increase from current rates. Looking ahead to 2030, PEPE is expected to reach $0.000009423, and by 2050, it might trade at $0.00009500, a staggering 2,194.84% increase from current prices. However, it's essential to note that cryptocurrency markets are highly volatile, and predictions are subject to change .
#MarketCorrection #WhoIsNextFedChair #USGovShutdown
#MarketCorrection #WhoIsNextFedChair #USGovShutdown
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