In the latest episode of The Pod of Gold, Nicholas Frappell, Global Head of Institutional Markets at ABC Refinery, dives deep into October’s extraordinary volatility across the precious metals space. Recorded on Tuesday, 18 November 2025, Frappell unpacks the extreme tightness in the silver market, the drivers behind gold’s sharp drop and powerful rebound, and why China’s deteriorating economic indicators matter enormously for Australia. From negative gamma flows to fixed asset investment, this
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