Daily Dispatches

By Sybilla Gross
Bloomberg News
via Yahoo News, Sunnyvale, California
Monday, September 8, 2025

Surging lease rates for silver are once again upending the precious metals market, with traders fearing that possible U.S. tariffs could squeeze already tight supplies in London as price dislocations re-emerge between key trading hubs.

Washington last month categorized silver as critical to U.S. national security, fueling worries that its new status may draw the attention of President Donald Trump, who ordered an investigation into critical minerals in April. 

By Mike Dolan
Reuters
Monday, September 8, 2025

The dollar's sharp drop in April during a burst of tariff-related financial stress called into question what many had assumed to be its critical function as a safety trade. Some now wonder whether that haven status was ever truly warranted.

For much of the past 15 years, global investors have considered the dollar a natural hedge during economic and political shocks, allowing them to feel comfortable about amassing ever more U.S. assets while leaving their currency exposure largely unhedged.

China's Central Bank Extends Gold Buying to 10 Months

From Bloomberg News
via Yahoo News, Sunnyvale, California
Saturday, September 6, 2025

The People's Bank of China increased its gold holdings in August for a 10th month in a continued push to diversify its reserves away from U.S. dollars.

Bullion held by the central bank rose by 0.06 million troy ounces to 74.02 million troy ounces last month, according to data released Sunday. China began this round of gold purchases in November, accumulating a total of 1.22 million troy ounces over the period. ...

By Alasdair Macleod
GoldMoney, Toronto
Friday, September 5, 2025

There's growing appreciation that the gold and silver bull has returned, though the reasons justifying it may not be apparent. But this week's price action is an important turning point.