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Forex Today: Precious Metals and Stocks Continue Falling

2026-02-02

Global precious metals like gold and silver experienced significant declines, while stock markets also fell amid ongoing economic pressures. Bitcoin dropped below $78,000, signaling further bearish momentum for cryptocurrencies. The weakening of safe-haven assets reflects shifting investor sentiment towards risk-on trades. Geopolitical factors, including odds on a potential Trump-Iran strike and Japan's PM election, add uncertainty to markets. The downward trend in commodities and equities highlights broader macroeconomic concerns.