CNBC Daily Open: Gold and silver tank amid Trump picking Kevin Warsh as Fed chair
- Posted on February 2, 2026
- By CNBC
- 7 Views
CNBC Daily Open: Gold and silver tank amid Trump picking Kevin Warsh as Fed chair

The U.S. dollar strengthened, signaling the market's approval of Warsh's credibility and perceived autonomy, but safe-haven assets gold and silver plummeted.