[Gold Prices Plunge Sharply as Market Focuses on Fed Chair Nomination] Odaily Planet Daily News: Gold prices have sharply retreated after soaring to record highs, as traders took profits and a stronger dollar increased the cost of purchasing precious metals for overseas buyers. The market's attention has now shifted to the Federal Reserve Chair nomination decision, which Trump is expected to announce later on Friday. According to hints from Trump's advisors, he may nominate Kevin Warsh. Analysts at Saxo Bank pointed out that compared to other candidates rumored before the announcement, Warsh is considered less controversial and not as overtly dovish in stance. (Jin10)