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30 Jan 2026 18:07
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      Home > News > International

    Live updates: Gold price plummets as markets prepare for Fed chair announcement

    The prices of gold and silver have plummeted in Asian trade as markets prepare for a surprise Federal Reserve announcement. Follow live.


    The prices of gold and silver have dived in Asian trade as markets prepare for a surprise Federal Reserve announcement.

    US President Donald Trump says he intends to announce his pick to replace Federal Reserve Chair Jerome Powell on Friday, local time, with speculation intensifying that the nod will go to former Fed governor Kevin Warsh.

    Follow the day's financial news and insights from our specialist business reporters on our live blog.

    Disclaimer: this blog is not intended as investment advice.

    [finance jan 30 blog]

    © 2026 ABC Australian Broadcasting Corporation. All rights reserved

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    Live updates: Gold price plummets as markets prepare for Fed chair announcement More...


     Today's News

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    Kiwi golf great Dame Lydia Ko has made a squeaky clean start to the LPGA season with a bogey-free three-under par opening round at Florida's Tournament of Champions 16:57

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     Entertainment:
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     Health & Safety:
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     International:
    Bruce Springsteen releases anti-ICE protest song Streets of Minneapolis 16:07

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