Wall Street Talk of Revaluing US Gold Is Drawing Attention — and Skepticism
- Revaluing gold to current market prices would net $750 billion
- Idea isn’t seen as under serious consideration in White House
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The gold market attracts its share of fringe ideas, and in recent weeks one of them — that the US should revalue its gold stockpiles — has gripped Wall Street.
The idea isn’t under serious consideration among US President Donald Trump’s top economic advisers, according to a person familiar with the matter.