Bullion’s vertical run is over, Ravi Dharamshi says as gold and silver ETFs slide

Gold and silvers blistering rally has stalled, with fund manager Ravi Dharamshi warning that bullions “near-vertical rise” has run its course. Precious metals and ETFs tumbled sharply as investors booked profits, global prices retreated, and a stronger dollar added pressure ahead of Trumps imminent Fed chair announcement.

Jan 30, 2026 - 11:00
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Bullion’s vertical run is over, Ravi Dharamshi says as gold and silver ETFs slide
Gold and silvers blistering rally has stalled, with fund manager Ravi Dharamshi warning that bullions “near-vertical rise” has run its course. Precious metals and ETFs tumbled sharply as investors booked profits, global prices retreated, and a stronger dollar added pressure ahead of Trumps imminent Fed chair announcement.

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