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Daily Dispatches

Chinese solar cell producer will switch from silver to base metals

Section: Daily Dispatches

By Junaid Shah
Saur Energy International
Noida, India
Tuesday, January 6, 2026

LONGI Green Energy Technology announced Monday it will begin replacing silver with base metals in its solar cell production. This is in line with the industry's response to the metal's unprecedented price surge.

Chinese buyers and sellers expect gold rush to continue despite record prices

Section: Daily Dispatches

By Xihao Jiang, James Pomfret, and Joyce Zhou
Reuters
Tuesday, January 27, 2026

With gold prices setting new all-time highs this week, customers have been cramming into stores in Shanghai and Hong Kong that sell the precious metal, with some betting the price could rise even further.

"There are still quite a lot of people buying it, because gold awareness is a long‑term trend and it’s still heading upwards," gold seller Zhao Jinhao said today at a jewelry mall in Shanghai.

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Tanzania will sell gold reserves to fund infrastructure spending

Section: Daily Dispatches

By Kanika Saigal
Bloomberg News
Tuesday, January 27, 2026

Tanzania plans to sell part of its gold reserves to finance spending on infrastructure projects, as it faces reduced donor funding amid a broader shift away from development aid.

President Samia Suluhu Hassan instructed the central bank to proceed with a partial sale of its gold holdings, Minister of State in the President's Office Kitila Mkumbo said at a briefing in London on Monday, without providing further details. 

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Hong Kong and Shanghai sign gold trading agreement

Section: Daily Dispatches

By Luo Weiteg
China Daily, Beijing
Tuesday, January 27, 2026

The Hong Kong Special Administrative Region and Shanghai signed a cooperation agreement on Monday to foster gold trading, putting flesh on the bones of a coordinated push to elevate China's two major financial centers in the global gold market.

Officials and industry experts said they expect the deal to promote long-term interconnectivity opportunities, with a more integrated renminbi-based Asian gold market in the making.

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The violence of gold's rise should explain to the FT what's behind it

Section: Daily Dispatches

1:09p ET Tuesday, January 27, 2026

Dear Friend of GATA and Gold:

Today the Financial Times accelerates its longstanding campaign to denigrate the monetary metals and mystify the powerful increase in their prices.

Reporter Bryce Elder writes analysis headlined "Who's Been Buying All the Gold?" and subheadlined "Because It Doesn't Look Like It's the Central Banks":

https://www.ft.com/content/a2539a6a-284a-40be-a77c-b91ed5bb2a65

IMF prepares for run on U.S. dollar

Section: Daily Dispatches

By Thomas Moller-Nielsen
Euractive, Brussels, Belgium
Monday, January 26, 2026

The International Monetary Fund is preparing for the possibility of a rapid sell-off of U.S. dollar-denominated assets, its managing director, Kristalina Georgieva, said today.

"At the fund, one muscle that we are building is our ability to hypothetically present scenarios of unthinkable events and then figure out what to do," Georgieva said at an event hosted by Bruegel, a Brussels-based think-tank.

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China's Zijin Gold is buying Canada's Allied Gold for about $4 billion

Section: Daily Dispatches

From Reuters
Monday, January 26, 2026

Zijin Gold will buy Canada's Allied Gold for about C$5.5 billion ($4.02 billion) ​in cash, the companies said today as ‌the Chinese miner ramps up its global expansion against the backdrop of record high prices of the yellow metal.

A surge in gold prices has boosted margins and cash flows for miners, ‌fuelling consolidation in the industry as large producers seek ​to secure long-life assets and boost output through acquisitions rather than developing new mines.

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Gold pushes past $5,000 to record high on safe-haven rush

Section: Daily Dispatches

And still no mention by mainstream financial news organizations of the massive, government-underwritten, naked short derivative positions whose calling fuels the monetary metal's explosion. Oh, well, a fanfare is still in order:

https://youtu.be/3WZP7-41iAU?t=367

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Gold rushes past $5,000 to record high on safe-haven rush

By Kavya Balaraman and Anjana Anil
Reuters
Sunday, January 25, 2026

Currency markets on guard for intervention in Japan's yen

Section: Daily Dispatches

By Tom Westbrook and Danilo Masoni
Reuters
Sunday, January 25, 2026

Foreign exchange markets are starting the ​week on edge amid the possibility of official yen buying to build on the currency's spike on Friday and a subsequent pledge by ‌Prime Minister Sanae Takaichi to act against speculative moves.

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USA Gold: Coins and Bullion Since 1973

Former Bundesbank research chief calls for repatriating Germany's gold

Section: Daily Dispatches

By James Jackson
The Telegraph, London
Sunday, January 25, 2026

Germany has been urged to withdraw gold worth more than L100 billion from American vaults because Donald Trump's unpredictability has made keeping it there too "risky."

The country stores 1,236 tons of gold, roughly the same weight as three Air Force 1 jets, at the U.S. Federal Reserve in New York, worth around E164 billion (E122 billion).

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