Gold and silver prices tumble again after historic plunge as CME margin hike bites

Gold and silver prices tumble again after historic plunge as CME margin hike bites

Spot gold fell 3.2% to $4,708.19 an ounce Monday, extending losses after a record high last week, as higher margin requirements on futures triggered more selling. Spot silver dropped 3.4% to $81.65. Indonesian stocks slid 4.9% and Hong Kong’s Hang Seng lost 2.2% as the metals rout spilled into Asian equities. CME raised margin requirements on gold and silver contracts, effective after Monday’s close.
Gasoline prices today: RBOB futures slide more than 4% as Iran talk cools oil — what to watch next

Gasoline prices today: RBOB futures slide more than 4% as Iran talk cools oil — what to watch next

U.S. gasoline futures fell over 4% early Monday, tracking a sharp drop in crude after signs of easing tensions with Iran and a stronger dollar. NYMEX RBOB for March traded near $1.86 a gallon by 6:45 a.m. EST. U.S. pump prices held steady at $2.88 a gallon, according to AAA. Traders await Wednesday’s EIA petroleum report for inventory updates.
AI stocks slide premarket as Oracle lines up $50 billion raise and Nvidia-OpenAI deal doubts linger

AI stocks slide premarket as Oracle lines up $50 billion raise and Nvidia-OpenAI deal doubts linger

Oracle shares fell 2.6% premarket after announcing plans to raise up to $50 billion this year for AI cloud infrastructure, splitting funding between debt and equity. The move follows a bondholder lawsuit and rising credit-default swap costs. Nvidia, Microsoft, Meta, and AMD also traded lower before the open. Nasdaq 100 futures slipped 0.9% amid a broader selloff in gold and silver and news of Kevin Warsh’s Fed nomination.
Oil prices tumble 5% as Trump flags Iran talks, risk premium drains fast

Oil prices tumble 5% as Trump flags Iran talks, risk premium drains fast

Oil prices fell about 5% Monday after Donald Trump said Iran was “seriously talking” with the U.S., easing supply fears. Brent crude dropped $3.63 to $65.69 a barrel, while U.S. crude fell $3.60 to $61.61. OPEC+ kept March output steady and received updated compensation plans from Iraq, UAE, Kazakhstan, and Oman. Traders are watching China’s demand and upcoming U.S. inventory and jobs data.
2 February 2026
Mortgage rates today: 30-year fixed holds near 6.16% as Treasury yields slip — what moves next

Mortgage rates today: 30-year fixed holds near 6.16% as Treasury yields slip — what moves next

The average 30-year fixed mortgage rate held at 6.16% Monday, with the 15-year at 5.62%, according to Bankrate. The 10-year Treasury yield slipped to 4.22% in early trading. Mortgage-backed securities, tracked by BlackRock’s iShares MBS ETF, edged down 0.1% to $95.69. Analysts say rates are unlikely to fall meaningfully without a drop in inflation or a rise in unemployment.
2 February 2026
Bitcoin price today slips below $78,000 as Warsh Fed pick stokes liquidity jitters

Bitcoin price today slips below $78,000 as Warsh Fed pick stokes liquidity jitters

Bitcoin fell nearly 1% to $77,582 early Monday, while Ether dropped 4.6% to $2,279 as traders reacted to Donald Trump’s nomination of Kevin Warsh for Fed chair. CME Group raised margin requirements on metal futures after a sell-off, intensifying liquidity concerns. U.S. spot bitcoin ETFs saw $510 million in outflows last week. Focus now shifts to Friday’s U.S. jobs report for signals on Fed policy.
Silver price slides again as margin hikes bite; Warsh Fed pick keeps metals on back foot

Silver price slides again as margin hikes bite; Warsh Fed pick keeps metals on back foot

Spot silver fell 3.4% to $81.65 an ounce by 1008 GMT Monday, extending losses after a record 27% plunge Friday. CME hiked margin requirements, forcing traders to liquidate positions as the dollar strengthened. Silver has dropped about a third since last week’s all-time high. The market is bracing for more volatility ahead of Friday’s U.S. jobs report.

Stock Market Today

BBAI stock jumps 16% into BigBear.ai share-vote week — what to watch next

BBAI stock jumps 16% into BigBear.ai share-vote week — what to watch next

7 February 2026
BigBear.ai Holdings shares surged 15.7% Friday to $4.72 ahead of a key shareholder vote on doubling authorized shares to 1 billion. Options trading was heavy, with a put/call ratio of 0.19. The company recently announced deals in AI customs technology and a partnership with Abu Dhabi’s AD Ports Group. The special meeting is set for Feb. 18, with online voting open until late Feb. 17.
American Airlines stock jumps nearly 8% as airlines rally — what to watch next week

American Airlines stock jumps nearly 8% as airlines rally — what to watch next week

7 February 2026
American Airlines shares jumped 7.6% to $15.24 Friday, rebounding with a broad rally that sent the Dow past 50,000 for the first time. Investors are watching the carrier’s battle with United at Chicago O’Hare, where a summer capacity surge could trigger a fare war. American also announced new Philadelphia–Porto service for 2027 and launched a centennial inflight menu.
Apple stock price ends week higher as Dow hits 50,000; jobs and CPI loom next

Apple stock price ends week higher as Dow hits 50,000; jobs and CPI loom next

7 February 2026
Apple closed up 0.8% at $278.12 Friday, then slipped 0.3% after hours. The S&P 500 jumped 1.97% and the Nasdaq rose 2.18% as chipmakers rallied, while Amazon fell 5.6% on higher capex guidance. Investors await U.S. jobs data Feb. 11 and CPI Feb. 13. Apple’s next dividend is $0.26 per share, payable Feb. 12.
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