Gold during the Warsh years at the Fed (2026–)
During Kevin Warsh's years as Fed chair (22 May 2026 to the present), gold fell 13.1%, from $4,721 to $4,104 a troy ounce, comparing the monthly averages of Apr 2026 and Oct 2026; silver fell 24.8%.
- Gold
- -13.1%
- $4,721 → $4,104
- Silver
- -24.8%
- $75.90 → $57.08
- Gold high
- $4,721
- Apr 2026
- Gold low
- $4,073
- Jul 2026
In context
Of the 8 Fed chairs on the chart, Warsh's years rank 8th for gold.
Presidents during these years: Trump II.
Gold's monthly average ranged from $4,073 (Jul 2026) to $4,721 (Apr 2026).
Under Jerome Powell, the chair before, gold rose 254.7%.
Monthly average prices in U.S. dollars per troy ounce (Kitco.com and the World Bank Pink Sheet), from the last full month before a period to its last full month; the record runs Feb 1971 to Oct 2026. What the record did, not a forecast.
Updated Oct 2026 · record through Oct 2026