Gold, silver, bitcoin and oil slide as ‘metals meltdown’ rattles markets – business live

2026-02-02 - 07:16

Rolling coverage of the latest economic and financial news The US dollar is strengthening against some rival currencies today. It’s jumped by 1% against the Norwegian crown, and is also up 0.65% against the Australian dollar – and 0.35% against the Canadian currency. The US dollar has been better bid since Friday, with the dollar index rebounding around 1% off four-year lows following news that the Federal Reserve may have a new Chair. Kevin Warsh was chosen to be the next Fed President and will replace Jerome Powell if confirmed. Continue reading...