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Daily Dispatches
Banks and traders race to capitalize on gold's historic rally
Submitted by admin on Wed, 2025-12-24 10:03 Section: Daily DispatchesBy Leslie Hook
Financial Times, London
Wednesday, December 24, 2025
Banks and traders are expanding their precious metals desks and logistics capabilities as they race to capitalise on gold's historic rally this year, which has suddenly made the sleepy world of bullion trading and vaulting one of the most profitable areas in finance.
Argentine court urges central bank to produce data on gold sent abroad
Submitted by admin on Tue, 2025-12-23 19:37 Section: Daily DispatchesBy Facundo Iglesia
Buenos Aries Herald
Tuesday, December 23, 2025
A federal court has ordered the Argentine central bank to hand over information regarding the location of the gold bars it allegedly shipped abroad in June last year.
The court, however, also offered the bank a way out, saying that it should thoroughly explain its main argument for denying the request if it intends to stand by that position. According to bank authorities, handing out the data "poses a threat to the financial or banking system or could harm the interests of the central bank."
Craig Hemke at Sprott Money: Comex position changes and silver price analysis
Submitted by admin on Tue, 2025-12-23 10:35 Section: Daily DispatchesBy Craig Hemke
Sprott Money, Toronto
Tuesday, December 23, 2025
It has been a remarkable year for gold and silver prices, and there are myriad reasons to expect the gains to extend into 2026. For our final post of 2025, let's look at how bullion bank positioning has changed over the past few months and what that might imply going forward.
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China sets new monthly record for Russian gold purchases
Submitted by admin on Mon, 2025-12-22 21:23 Section: Daily DispatchesFrom Russia Today, Moscow
Monday, December 22, 2025
China bought a record amount of gold from Russia in November, with shipments rising to almost $1 billion, RIA Novosti reports, citing Chinese customs data.
Russia's gold sales to China were valued at $961 million in November, following October's total of $930 million, the outlet said on Saturday, as Moscow steps up efforts to reroute precious-metal exports away from Western markets due to the sweeping sanctions against Russia, and as China emerges as a key destination.
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As West's gold market manipulation weakens, technical analysis gains value
Submitted by admin on Mon, 2025-12-22 19:03 Section: Daily Dispatches7:05p ET Monday, December 22, 2025
Dear Friend of GATA and Gold (and Silver):
GATA has always disdained and avoided technical analysis of markets as manipulated as the gold and silver markets have been by bullion banks likely trading for the U.S. government.
Ed Steer: Silver closes at a new nominal record high
Submitted by admin on Sun, 2025-12-21 18:14 Section: Daily Dispatches6:13p ET Sunday, December 21, 2025
Dear Friend of GATA and Gold:
The weekend edition of GATA board member Ed Steer's Gold and Silver Digest is headlined "Silver Closes at a New Nominal Record High" and is posted in the clear at SilverSeek here:
https://silverseek.com/article/silver-closes-new-nominal-record-high-dec2026
One gram of gold now equals a month's wage for Iranian workers
Submitted by admin on Sun, 2025-12-21 12:17 Section: Daily DispatchesFrom Iran International, London
Sunday, December 21, 2025
An Iranian labor representative said soaring prices have eroded wages to the point where one gram of gold now equals a full month's minimum pay for a worker.
"Today one gram of gold is equal to a full month's minimum wage for a worker," said Habib Sadeghzadeh Tabrizi, an inspector with the country's High Council of Islamic Labor Councils.
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Agnico-Eagle's Boyd: 'The guys running the printing presses are buying gold'
Submitted by admin on Sat, 2025-12-20 16:07 Section: Daily Dispatches4:08p ET Saturday, December 20, 2025
Dear Friend of GATA and Gold:
Sean Boyd, former chief executive and current board chairman for Agnico-Eagle Mines, the third-largest gold mining company, tells The Gold Telegraph's Alex Deluce that the monetary metal's future seems especially bright because "the guys running the printing presses are the guys buying gold now."
That is, central bankers.
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Mining entrepreneur Eric Sprott reviews a great year for the monetary metals
Submitted by admin on Fri, 2025-12-19 21:11 Section: Daily Dispatches9:11p ET Friday, December 19, 2025
Dear Friend of GATA and Gold (and Silver):
On behalf of Sprott Money, Craig Hemke today interviewed Canadian mining entrepreneur Eric Sprott for their 2025 yearly review and they celebrated what seems like the imminent triumph of the monetary metals.
Sprott notes that the usual price smashes in the New York futures market now are often reversed within an hour and that physical prices are now being set in Shanghai.
Zimbabwe scraps gold royalty hike, sets higher threshold for windfall tax
Submitted by admin on Thu, 2025-12-18 10:28 Section: Daily DispatchesBy Nelson Banya
Reuters
Wednesday, December 17, 2025
HARARE, Zimbabwe -- Zimbabwe has reversed plans to double its gold royalty rate to 10%, a new 2026 budget bill showed on Wednesday, following protests by miners and industry groups.
A royalty rate of 5% would continue to apply for gold prices between $1,200 and $5,000 per ounce, according to the revised budget bill, which was approved by Zimbabwe's lower parliament chamber in the early hours of Wednesday following lengthy debate.
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