Commodities sell-off continues in markets following Warsh Fed pick

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Big declines in gold and silver prices have pushed commodity prices lower since President Donald Trump announced his nomination of Kevin Warsh to lead the Federal Reserve.

After months of enormous gains in gold and silver prices, which are considered risk assets, sellers began offloading in droves on Friday, a sell-off that has continued to some extent on Monday. The moves come as markets try to interpret what Warsh as Fed chairman might mean.

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