{"id":69336,"date":"2026-01-30T10:07:19","date_gmt":"2026-01-30T10:07:19","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2026\/01\/30\/gold-nosedives-to-fall-below-5000-on-fed-chair-speculation\/"},"modified":"2026-01-30T10:07:19","modified_gmt":"2026-01-30T10:07:19","slug":"gold-nosedives-to-fall-below-5000-on-fed-chair-speculation","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2026\/01\/30\/gold-nosedives-to-fall-below-5000-on-fed-chair-speculation\/","title":{"rendered":"Gold Nosedives To Fall Below $5,000 On Fed Chair Speculation"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"divBody\">\n<div id=\"ctl00_CPI_dvBody\">\n<p> Gold plummeted below $5,000 an ounce on Friday but was on track for its strongest ?monthly ?gain since 1999 on safe ?haven demand.<\/p>\n<p>Spot gold plunged 7.5 percent to $4,972.61 an ounce on speculation about a potential hawkish Federal Reserve chair appointment. <\/p>\n<p>Nevertheless, the previous metal still headed for a sixth monthly gain in a row. U.S. gold futures were down 6.8 percent at 4,990.29. <\/p>\n<p>The dollar traded higher, clawing back some of its slide on the week, as U.S. lawmakers reached an agreement to avoid a partial government shutdown and President Trump said he has chosen a very good person to be the new Federal Reserve chairman, with a formal announcement expected later in the day. <\/p>\n<p>According to media reports, former Federal Reserve governor Kevin Warsh has emerged as the top contender. <\/p>\n<p>viewed as moderately hawkish with balanced approach\u2014less dovish than Hassett but more dovish than Waller.<\/p>\n<p>He is seen as hawkish on inflation with historical opposition to quantitative easing, suggesting a stronger dollar environment ahead. <\/p>\n<\/p>\n<p>Market Analysis<\/p>\n<\/div><\/div>\n<p><script type=\"text\/javascript\">\n        window.fbAsyncInit = function () {\n            FB.init({\n                status: true,\n                cookie: true,\n                xfbml: true\n            });\n        };\n        (function (d) {\n            var js, id = 'facebook-jssdk'; if (d.getElementById(id)) { return; }\n            js = d.createElement('script'); js.id = id; js.async = true;\n            js.src = \"https:\/\/connect.facebook.net\/en_US\/all.js\";\n            d.getElementsByTagName('head')[0].appendChild(js);\n        }(document));\n    <\/script><br \/>\n<br \/>\n<br \/>Gold Nosedives To Fall Below $5,000 On Fed Chair Speculation<\/a><br \/>\n<br \/>2026-01-30 10:07:19<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gold plummeted below $5,000 an ounce on Friday but was on track for its strongest ?monthly ?gain since 1999 on safe ?haven demand. Spot gold plunged 7.5 percent to $4,972.61&#8230;<\/p>\n","protected":false},"author":2,"featured_media":69337,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.unsplash.com\/photo-1585504256855-6718f7a693ae?ixid=MXwxMjA3fDB8MHxwaG90by1wYWdlfHx8fGVufDB8fHw=&ixlib=rb-1.2.1&auto=format&fit=crop&w=934&q=80","fifu_image_alt":"","footnotes":""},"categories":[28],"tags":[],"class_list":["post-69336","post","type-post","status-publish","format-standard","has-post-thumbnail","category-us-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/69336","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/comments?post=69336"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/69336\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/69337"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=69336"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=69336"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=69336"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}