Gold, Silver rates rebound after historic crash- Silver up 20% from recent lows
Gold and silver rates have rebounded significantly in overnight trade, with silver seeing a surge of over 11% and gold surging over 5%. This comes after a two-day selloff that caused silver to drop by 40% from its record high. The previous rally in January was driven by geopolitical uncertainty and concerns over the Fed chariman, but the trend reversed after Trump nominated new Fed member.