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Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter
Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter

The Precious Metal Meltdown

07:28am, Monday, 02'nd Feb 2026
The Precious Metal Meltdown
J.P. Morgan expects gold prices to reach $6,300 per ounce by the end of 2026, as demand from central banks and investors continues, it said in a note on Monday.
This week's jobs report could come with a shock, lawmakers contend with another government shutdown, Bitcoin hits 10-month low, and more news to start your day.
The precious metals rally that had been gathering momentum for weeks abruptly unraveled late last week, delivering one of the most violent reversals the commodi
Eldorado Gold agreed to acquire Foran Mining for approximately 3.8 billion Canadian dollars, or US$2.79 billion, including debt.
The price of gold and silver has continued falling following last week's Fed announcement.
A volatile day is setting up for precious and base metals on Monday with silver and China selling in focus.
Gold fell, following its biggest plunge in more than a decade. Silver also sank deeper, reversing a record-breaking rally.
Gold and silver prices fell further on Monday as the impending increases in CME precious metals margin requirements, set to take effect at the session close, weighed on the market, while investors als
Gold is lower in the morning Asian session as markets further price in a Fed led by Kevin Warsh.
Weekly Market HighlightsMarket breadth was negative with 4,094 advancers versus 5,526 decliners, pointing to a broadly weaker tape despite pockets of strength.
Silver Trust's price on Friday dropped by the largest percentage decline on record, according to Dow Jones Market Data.
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