Gold price continues to plunge: the physical gold bar inventories of some banks are quietly loosening, and investment sentiment is cooling.

date
02/02/2026
The prices of gold and silver continue to fluctuate sharply, as the prices of gold and silver continue to plummet significantly, people's enthusiasm for investing in physical gold has waned. Some investors choose to wait and see, and bank gold bars that were previously sold out daily are now in stock, with some banks even showing "adequate inventory" of physical gold bars. It is widely believed in the industry that the direct cause of this gold "earthquake" may be the nomination of Kevin Warsh as the new Federal Reserve Chairman by US President Trump, leading to a decrease in concerns about the "independence crisis" and a rebound in the US dollar.