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Analyst: Wosh may succeed as Federal Reserve Chair, gold and silver prices decline
Mars Finance News, according to Jintou reports, an analyst stated that due to news that Kevin Wash will be selected by Trump as the next Federal Reserve Chair, gold and silver prices have declined. A Malaysian bank analyst mentioned in a foreign exchange research and strategy report, “Wash has long criticized extremely loose monetary policy and has served as a Federal Reserve Board member, so the market may be pricing in the potential impact of his appointment on future policy directions.”