Trump’s pick of ‘respected central banker’ Kevin Warsh as Fed chair seen as catalyst for sell-off as investors sell safe haven assets Business news – live updates Trump’s pick of ‘respected central banker’ Kevin Warsh as Fed chair seen as catalyst for sell-off as investors sell safe haven assets Business news – live updates Gold and silver prices have plunged, as a “meltdown” in the metals market deepened and rattled stock exchanges around the world. Gold prices tumbled by 8% to $4,465 an ounce