Shan Ahmed Khan

Shan Ahmed Khan is a senior markets reporter at TS2.tech, specializing in stocks, technology and macroeconomic trends. A graduate of the Lahore University of Management Sciences (LUMS), he previously worked in investment research and market analysis. His coverage helps readers understand the key developments influencing global financial markets and emerging industries.

Gold, silver extend historic plunge as margin calls spread after Trump’s Fed pick

Gold, silver extend historic plunge as margin calls spread after Trump’s Fed pick

Gold and silver slid further on Monday after CME Group raised margin requirements for metal futures, deepening the sell-off triggered by President Donald Trump’s nomination of Kevin Warsh to head the Federal Reserve. By 0504 GMT, spot gold had dropped 3.6% to $4,686.51 an ounce, while silver plunged 6.7% to $78.96, extending its steep 27% plunge from Friday. Tim Waterer at KCM Trade pointed to “forced liquidations and margin increases” as key drivers.
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Top Stock Picks

Today’s highest-ranked model selections.

#1 BUY IN STAGES

AerCap

NYSE: AER 95 / 100
#2 BUY ON WEAKNESS

Xylem

NYSE: XYL 93 / 100
#3 ACCUMULATE

General Dynamics

NYSE: GD 91 / 100
#4 BUY WITH LIMITS

Visa

NYSE: V 88 / 100
#5 TACTICAL BUY

IDEX

NYSE: IEX 85 / 100
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Editorial model selection. Not personalised advice.