Trump's Fed Pick Sparks Global Market Slump as Gold Prices Plunge

Global markets retreated as gold and silver prices plummeted following Donald Trump's nomination of Kevin Warsh to lead the Federal Reserve.The announcement sparked a broad sell-off in commodities and technology stocks, with Bitcoin falling to $75,000 and major indices in Asia and Europe recording significant losses.Despite the volatility, analysts from JPMorgan and Deutsche Bank maintain that the long-term upward trend for precious metals remains intact.