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Gold, Silver Slump Sparks Domino Effect in Stocks | Daybreak Europe 2/2/2026

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February 2, 2026

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Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from London, we set the agenda for your day, catching you up with overnight markets news from the US and Asia. And we'll tell you what matters for investors in Europe, giving you insight before trading begins.

On today's show, gold extended losses, after its biggest plunge in more than a decade on Friday, as silver also sank deeper, reversing a record-breaking rally that appeared to have run too far, too fast.

Technology stocks fell as concerns over stretched valuations and heavy investment in AI drove MSCI’s Asian tech gauge to its steepest decline since November.

Today's guest: Josie Anderson, Nomura Economist

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Bloomberg Daybreak EuropeAsia AndMSCIs AsianNovember Today'sDaybreak EuropeAI Funding Fears GrowGold Silver Extend DeclinesPrecious Metals Key

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