Next Week's Macro Outlook: Fed Meeting Incoming, Silver Enters the 'Triple-Digit' Era—Will Trump Add Fuel to the Fire? This week, another shocking market swing triggered by Trump played out. But for precious metals, even Trump's latest 'backing down' couldn't scare off the gold and silver bulls. They've pushed precious metals to the next milestone: silver hitting $100, and gold edging very close to $5,000. Looking ahead to next week, market volatility is unlikely to ease. Weekend anxiety over Iran and a generally tense atmosphere are heating up the market, especially with the Federal Open Market Committee (FOMC) meeting approaching and Trump preparing to announce his pick for the next Fed Chair. Here are the key events the market will focus on in the coming week: Tuesday 23:00 - U.S. January Conference Board Consumer Confidence Index, U.S. January Richmond Fed Manufacturing Index Thursday 03:00 - Fed FOMC Interest Rate Decision Announcement Thursday 03:30 - Powell's Monetary Policy Press Conference Thursday 21:30 - U.S. Initial Jobless Claims for the Week Ending January 24, U.S. November Trade Balance Friday 21:30 - U.S. December PPI Data, Canada November GDP MoM Friday 22:45 - U.S. January Chicago PMI Data.