More 'cash-settled' gold contracts -- that is, undeliverable -- coming from CME
Submitted by admin on Fri, 2026-06-12 11:49 Section: Daily DispatchesCME Plans to Offer 24/7 WTI Oil and Gold Contracts
By Mia Gindis
Bloomberg News
Thursday, June 11, 2026
The Chicago Mercantile Group announced plans to offer 24-hour, seven-days-a-week trading in new, smaller crude oil futures and its existing gold contract, the exchange said Thursday.
The new oil-linked contract, set to be one-tenth the size of the existing Micro WTI futures contract, will debut Aug. 30, according to the release, while 24/7 trading in 1-ounce gold futures will begin July 26.
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Alasdair Macleod: Gold in time of war
Submitted by admin on Fri, 2026-06-12 11:15 Section: Daily DispatchesBy Alasdair Macleod
GoldMoney, Toronto
Friday, June 12, 2026
Currencies are debased during and after wars, because government spending goes through the roof not just due to defence spending but also because of the economic consequences.
Caucasus nation of Georgia purchases $100 million in gold to boost its reserves
Submitted by admin on Thu, 2026-06-11 16:23 Section: Daily DispatchesFrom Business Media, Tbilisi, Georgia
Wednesday, June 10, 2026
Following a decision by the board of the National Bank of Georgia, the central bank has acquired an additional US$100 million worth of highest-purity (999.9) LBMA-standard gold bullion for its international reserves.
SilverTrade.com finds GATA Chairman Murphy still bullish despite attacks on metals
Submitted by admin on Thu, 2026-06-11 15:52 Section: Daily Dispatches4:50p ET Thursday, June 11, 2026
Dear Friend of GATA and Gold (and Silver):
Jon Lindau, managing editor of SilverTrade.com, this week interviewed GATA Chairman Bill Murphy about why he's still bullish on silver despite the recent attacks on the monetary metals. The interview is 27 minutes long and can be seen at the Silver Trade channel at YouTube here:
Monetary metals industry coalition urges Congress to pass SILVER Act
Submitted by admin on Thu, 2026-06-11 15:38 Section: Daily DispatchesFrom Money Metals News Service, Eagle, Idaho
Thursday, June 11, 2026
A broad coalition representing dozens of key stakeholders across all segments of the U.S. precious metals industry formally called on Congress today to advance the System Integrity through Licensed Vault Expansion & Resilience Act (SILVER Act), bipartisan legislation designed to address national security risks by strengthening the resilience, competitiveness, and geographic diversity of America's precious metals market infrastructure.
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New Fed chairman wants to move the inflation goalposts
Submitted by admin on Wed, 2026-06-10 09:48 Section: Daily DispatchesBy Mike Maharrey
Money Metals Exchange, Eagle, Idaho
Tuesday, June 9, 2026
What do you do if you have a standard that's not being met?
Move the goalposts!
Of course you could work harder to meet the goal. But that's hard. So why not just change the standard and make it easier to meet?
That seems to be a strategy at the Federal Reserve.
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