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.

Precious metals, oil and cryptocurrencies are among the assets suffering badly on Monday as part of a broad-based sell-off.

The new record before the steep decline in the precious metal came as investors piled into safe-haven assets amid stubborn inflation in major economies and geopolitical tensions over US-China trade ti...