Gold & Silver Rebound After Latest Selloff, While Warsh's 'Treasury Accord' Looms...

Summary

Gold and silver prices bounced back after a recent sell‑off, with gold futures climbing $121 to $5,026 and silver futures up $4.50 to $78.04, while the Shanghai silver market remains closed for a holiday. The episode notes regional price differences, such as silver trading at $81.80 in India versus $88.52 in China before the closure. It also highlights a looming policy debate sparked by Kevin Warsh’s proposal for a new Treasury‑Fed accord, echoing the 1951 agreement and potentially reshaping monetary‑fiscal coordination. The host underscores the importance of watching these developments for their impact on precious‑metal markets and broader financial stability.