Shanghai Gold Exchange gold T+D rose 0.45% in early trade on Monday Sept 21 to 946.2 yuan/gram; silver T+D rose 1.2% to 16,250 yuan/kg.

Howard Marks, co‑chair of Oaktree Capital Management, said he favors the Federal Reserve cutting back public guidance and generally stepping back from active intervention, except when the economy risks getting out of control (for example, overheating or a sharp downturn). He noted Fed chair Kevin Warsh is seeking to pare some guidance measures, which Warsh has said have constrained the Fed's room for maneuver. Marks added that reduced policy guidance would force investors to build more antifragile portfolios—a net societal benefit—and called for an AI working group to study AI's impact on key economic areas such as the labor market.

Slovak Prime Minister Robert Fico said he will not support any action that would lead NATO into conflict with Russia.