India's central bank hastens repatriation of gold held abroad
Submitted by admin on Wed, 2025-10-29 10:56 Section: Daily DispatchesFrom Bloomberg News
via The Hindu, Chennai, India
Wednesday, October 29, 2025
The Reserve Bank of India brought back nearly 64 tons of gold in the first six months of the financial year that began in April, it said in a half-yearly report on foreign exchange reserves Tuesday.
In value terms, gold accounted for 13.92% of total reserves at the end of September, up from 11.70% at the end of March. The RBI generally keeps part of its gold overseas, held at the Bank of England and the Bank for International Settlements.
Russians are hoarding gold equal to Spain's reserves, study shows
Submitted by admin on Wed, 2025-10-29 09:38 Section: Daily DispatchesBy Andrey Biryukov
Bloomberg News
Wednesday, October 19, 2025
Russian consumers' gold purchases are set to equal the state reserves of Spain or Austria after the metal has become one of the nation's most popular savings options during the past four years, according to a study.
Craig Hemke at Sprott Money: More hints of what's coming for gold
Submitted by admin on Tue, 2025-10-28 18:41 Section: Daily DispatchesBy Craig Hemke
Sprott Money, Toronto
Tuesday, October 28, 2025
In an interview last week, the U.S. secretary of treasury made an odd statement that was simultaneously ignored and discarded. We caught it, though, and you should again be made aware of what it foreshadows.
And what was that odd statement from Secretary Bessent?
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Inquiring minds want to know, but mainstream financial journalists don't
Submitted by admin on Tue, 2025-10-28 12:52 Section: Daily Dispatches12:55p ET Tuesday, October 28, 2025
Dear Friend of GATA and Gold:
Today's Bloomberg News story about the South Korean central bank's consideration of adding to its gold reserves --
-- missed a major irony.
Alasdair Macleod: The rocky road to ruin of fiat currencies
Submitted by admin on Tue, 2025-10-28 10:49 Section: Daily DispatchesBy Alasdair Macleod
MacleodFinance.com
Tuesday, October 28, 2025
We can be sure that some subscribers to MacleodFinance will have taken leveraged bets on gold and silver continuing to rise, despite our insistence that they should only be stacked and not traded. This brief article serves as a reminder in current markets why this is so, and to be content to just stack gold and silver.
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Bank of Korea may buy gold in medium-term after long delay
Submitted by admin on Tue, 2025-10-28 09:36 Section: Daily DispatchesBy Jack Frachy and Yihui Xie
Bloomberg News
via The Edge, Singapore
Tuesday, October 28, 2025
South Korea's central bank is weighing plans to add to its gold reserves for the first time in more than a decade, potentially joining a wave of purchases by monetary authorities around the world that helped push bullion prices to record highs.
