Silver squeeze, gold’s next move & China’s slowdown

About this episode

Nicholas Frappell discusses the volatility in precious metals, focusing on silver and gold, and the implications of China's economic slowdown for Australia.

In this week’s episode of The Pod of Gold, ABC Refinery’s Global Head of Institutional Markets, Nicholas Frappell, 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 episode is loaded with actionable insights for traders, investors, and precious-metals followers. 📈 Frappell also examines : Why silver lease rates briefly exploded to ~200% How metal flows to COMEX, New York ETFs, and India helped drain London's lending pool The return of metal to London vaults— 53 million oz , the biggest inflow since 2016 Whether December Fed rate cuts are still likely Gold’s medium- and short-term upside and downside price targets ETF flows and what limited data we have on positioning China’s rare –12.2% drop in fixed-asset investment , persistent deflation risks, and slow-motion property crisis Why China’s troubles matter directly for Australia’s economy 🕒…

People in this episode

Host: Nicholas Frappell

Topics covered

• precious metals
• silver market
• gold price analysis
• China's economy
• investment strategies
• market volatility

Keywords

• silver squeeze
• gold drop
• China slowdown
• market insights
• ETF flows
• fixed asset investment
• deflation risks

Mentioned in this episode

Organizations: ABC Refinery

Products: silver, gold

Places: China, Australia

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