Metals meltdown: Here's the post-crash roadmap for gold and silver

Gold and silver ETFs slid by as much as 23% on Friday as investors locked in profits after a sharp pullback from record highs, reviving debate over whether the move marks a buying opportunity or the end of an exceptional rally. The selloff followed an extraordinary January in which silver jumped 56%, its strongest monthly performance on record, while gold rose more than 20% in dollar terms, its biggest monthly gain since 1980. The reversal accelerated after US President Donald Trump said he would soon announce his choice to replace Federal Reserve Chair Jerome Powell, with reports pointing to former Fed governor Kevin Warsh. Markets were rattled by expectations of a less dovish Federal Reserve, while a rebounding dollar and overbought signals amplified selling pressure.