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Daily Dispatches
Tether is a new force to be reckoned with in the gold market
Submitted by admin on Wed, 2026-01-28 09:23 Section: Daily DispatchesBy Jack Ryan
Bloomberg News
Wednesday, January 28, 2026
Predicting the gold price is difficult, and it's only become more so since Tether Holdings SA, a crypto giant with one of the most profitable business models in the industry's history, kicked off an unexpected buying spree.
Tether has been snapping up gold at a rate of about 1 to 2 tons a week, according to its chief executive officer. That's faster than the vast majority of central banks and enough to have a small impact on global prices.
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Mali detains 5 gold mine executives, sources tell Reuters
Submitted by admin on Tue, 2026-01-27 19:36 Section: Daily DispatchesBy Tiemoko Diallo
Reuters
Tuesday, January 27, 2026
Mali has detained five managers from the local entity operating the Yanfolila gold mine over alleged breaches of the country's mining code, two sources told Reuters.
The employees, from Societe des Mines de Komana, were detained on Friday for allegedly failing to repatriate foreign currency from export revenues, which is required under the mining code, the sources said.
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Chinese solar cell producer will switch from silver to base metals
Submitted by admin on Tue, 2026-01-27 14:25 Section: Daily DispatchesBy 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
Submitted by admin on Tue, 2026-01-27 14:08 Section: Daily DispatchesBy 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
Submitted by admin on Tue, 2026-01-27 14:02 Section: Daily DispatchesBy 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
Submitted by admin on Tue, 2026-01-27 13:57 Section: Daily DispatchesBy 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
Submitted by admin on Tue, 2026-01-27 12:51 Section: Daily Dispatches1:09p 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
Submitted by admin on Mon, 2026-01-26 19:33 Section: Daily DispatchesBy 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
Submitted by admin on Mon, 2026-01-26 09:57 Section: Daily DispatchesFrom 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
Submitted by admin on Sun, 2026-01-25 20:19 Section: Daily DispatchesAnd 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
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