HomeNewsGold, Silver Retreat After Trump Cancels EU Tariffs; Could Crypto Rally Reclaim...

Gold, Silver Retreat After Trump Cancels EU Tariffs; Could Crypto Rally Reclaim Momentum?!

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On Jan. 22, 2026, gold and silver retreated after recent gains, following policy moves by President Trump. He canceled EU tariffs and unveiled a framework for a Greenland deal, prompting market reactions.

“Gold and silver climbed to new peaks on Jan. 21, breaching the $4700 and $95 price levels, respectively.” (Ed. note: metals had reached multiple all-time highs in recent months.) The pullback followed that rally and short-term profit-taking.

According to the New York Fed, the Federal Reserve began liquidity injections on Jan. 20, 2026, adding $8.3 billion of a planned $55 billion. Such interventions have often coincided with rallies in risk assets, including cryptocurrencies.

Bitcoin (BTC) briefly fell to $87,000 but then reclaimed roughly $89,000. The modest rebound indicates tentative improvement, though markets remain far from fully recovered.

Global geopolitical tensions and macroeconomic uncertainty keep investors cautious. The Federal Reserve has not announced an interest-rate cut in 2026, and the cryptocurrency market could remain on a sideways path in the coming weeks.

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