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Daily Dispatches

Iran restricts gold imports to control dubious trade

Section: Daily Dispatches

From PressTV, Tehran
Sunday, October 12, 2025

Iran has imposed restrictions on imports of gold into the country amid reports pointing to the dubious trade of Iranian gold reserves to meet government requirements for the return of export proceeds.

The semi-official Tasnim news agency said in a Sunday report that the Central Bank of Iran (CBI) had decided to restrict gold imports "to manage the foreign currency market and control the smuggling of gold from the country."

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Markets brace for chaos after Trump triggers crypto crash

Section: Daily Dispatches

By Chris Price
The Telegraph, London
Saturday, October 11, 2025

Donald Trump's threat to impose new 100% tariffs on China has triggered one of the biggest cryptocurrency crashes in history and stoked fears of chaos in global markets next week.

Around $400 billion was wiped off the value of the crypto market in a span of less than 24 hours after Trump late on Friday promised to impose steep new levies on Chinese imports within weeks.

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Mike Maharrey: If only I'd been paid in silver quarters!

Section: Daily Dispatches

By Mike Maharrey
Money Metals Exchange, Eagle, Idaho
Sunday, October 12, 2025

On a recent video about "junk silver," somebody commented, "I saw someone in another comments section make a joke that if they were paid in quarters back in the 60s, they could be a millionaire now."

There were a lot of laughing reactions and indignant responses mocking the guy. But is he wrong?

Let's run the numbers. ...

... For the remainder of the commentary:

The public is happily selling its gold, so who the heck is buying and paying so much?

Section: Daily Dispatches

Maybe there are some clues here

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NYC Jewelers Are Rushing to Cash In on Gold's Rally Over $4,000

By Veena Ali-Khan
Bloomberg News
Friday, October 10,2025

The gold rally rippling through global markets is reverberating from trading floors down to the cramped corridors of Manhattan's Diamond District, where shop owners hawking bangles and coins are cashing in on quick deals.

Silver traders rush bars to London as historic squeeze rocks market

Section: Daily Dispatches

By Jack Farchy, Jack Ryan, Yihui Xie, and Veena Ali-Khan
Bloomberg News
via Yahoo News, Sunnyvale, California
Saturday, October 11, 2025

The London silver market has been thrown into turmoil by a massive short squeeze, driving prices above $50 an ounce for only the second time in history and stirring memories of the billionaire Hunt brothers' notorious attempt to corner the market in 1980.

Provisional administration to restart mining at Barrick's Mali gold mine, sources tell Reuters

Section: Daily Dispatches

By Divya Rajagopal and Portia Crowe
Reuters
Friday, October 10, 2025

Blasting is scheduled to begin at Barrick Mining's Loulo underground gold mine in Mali on October 15, four months after a court-appointed provisional administration took control of the site, two sources told Reuters.

Under the provisional administration, operations at the Loulo-Gounkoto gold complex have so far been limited to transporting existing ore stocks to its plant and processing them there.

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Alasdair Macleod: Gold and silver squeezes intensify

Section: Daily Dispatches

By Alasdair Macleod
GoldMoney, Toronto
Friday, October 10, 2025

Markets are desperately short of physical gold and silver, reflected in a continuing bear squeeze. Speculative interest remains subdued, with exchange-traded fund physical demand growing.

Don't be afraid. Gold is winning

Section: Daily Dispatches

2:20p ET Friday, October 10, 2025

Dear Friend of GATA and Gold:

Someone who has written excellent commentaries on financial markets, some of which have been cited by GATA, and who only recently came upon GATA's documentation file and summary of the gold price suppression policy of the U.S. government and its allies --

https://www.gata.org/taxonomy/term/21

https://www.gata.org/node/20925

-- today expressed astonishment to your secretary/treasurer.

India's Kotak Mahindra halts new investments in silver ETF amid shortage

Section: Daily Dispatches

By Anjana Anil and Rajendra Jadhav
Reuters
Thursday, October 9, 2025

Kotak Mahindra Asset Management Co. has temporarily suspended fresh lump-sum and switch-in investments into the Kotak Silver ETF Fund of Funds, effective October 10, 2025, the company said in a statement today.

This is primarily due to a shortage of physical silver in the domestic market that lifted premium sharply above benchmark prices, Kotak said.

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