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By Noel John Feb 2 (Reuters) - Gold and silver prices pared some losses but remained under pressure on Monday, after increased CME margin requirements added to the selling pressure following last week's selloff sparked by Kevin Warsh's nomination as the incoming Federal Reserve chair.

The gold market has certainly calmed down when compared to the activity earlier in 2025. That said, demand remains strong despite the all-time highs in price.

Gold and silver, which had been on a tear before plunging on Friday, regained some of those losses but remained well off of recent highs. The price of gold rose 1.3% to about $4,800 per ounce, while silver gained 5.