Metals Meltdown, Iran Deal Hope Sinks Oil & Huang Spooks Tech Stocks | The Opening Trade 2/2/2026
Gold losses big, after its biggest plunge in more than a decade on Friday, while silver’s year-to-date gains were wiped out as a record-breaking precious-metals rally unwound at breakneck speed....
By Bloomberg Markets · Bloomberg Markets
Gold losses big, after its biggest plunge in more than a decade on Friday, while silver’s year-to-date gains were wiped out as a record-breaking precious-metals rally unwound at breakneck speed. Plus, oil plunged after US President Donald Trump said Washington is talking with Iran, easing geopolitical risk premiums. Also, Nvidia CEO Jensen Huang helped cause a tech sell-off after saying the company's proposed $100 billion investment in OpenAI was "never a commitment". The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Guy Johnson and Tom Mackenzie. (Source: Bloomberg)