TechFlow News: On January 30, according to JIN10 Data, gold prices sharply retreated after surging to a record high, as traders took profits and the U.S. dollar strengthened—raising the cost of purchasing precious metals for overseas buyers. Market attention has now shifted to President Trump’s anticipated announcement on Friday evening regarding his nominee for Federal Reserve Chair. According to Trump’s advisors, Kevin Warsh is a likely candidate. Analysts at Saxo Bank noted that, compared with other candidates rumored prior to the nomination announcement, Warsh is viewed as less controversial and less overtly dovish.
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