Dow Jones today: DJIA turns higher after metals shock as jobs report and Big Tech earnings loom

The Dow Jones Industrial Average climbed roughly 160 points, or 0.3%, reaching 49,052 in early trading Monday, building on gains seen shortly after the open. The S&P 500 and Nasdaq Composite edged up as well.

NASDAQ:CME · NYSE:DB · Stock Market
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

Gold and silver extended their sell-off on Monday as higher margin demands on futures trading added to the rush to cut leveraged bets. Spot gold was down 3.2% at $4,708.19 an ounce by 1008 GMT, after dropping nearly 10% earlier, while spot silver was down 3.4% at $81.65 after a 15% intraday slump. U.S. gold futures for April delivery fell 0.3% to $4,730.40, while platinum slid 4.3% to $2,070.64 and palladium dropped 2.1% to $1,662.68.
2 February 2026
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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

Silver prices dropped again Monday, with spot silver down 3.4% to $81.65 an ounce by 1008 GMT after plunging as much as 15% earlier. The sell-off came as CME margin hikes and a stronger dollar forced traders to scale back leveraged positions. Since hitting a record $121.64 last week, silver has lost roughly a third of its value. “The increase in margin requirements is creating a feedback loop,” said Zain Vawda, an analyst at MarketPulse by OANDA.
2 February 2026
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Silver price near $114 as Fed decision looms; SLV ETF climbs and Citi flags $150 target

Silver price near $114 as Fed decision looms; SLV ETF climbs and Citi flags $150 target

Spot silver, for immediate delivery, climbed 1% to $114.13 an ounce on Wednesday, staying close to Monday’s record high of $117.69 as investors awaited the Federal Reserve’s rate decision. The iShares Silver Trust, a silver-backed ETF that trades like a stock, added roughly 1.1%. “The rally in the precious metals has kind of taken on a life of their own,” said Peter Grant, senior metals strategist at Zaner Metals.
28 January 2026
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