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Daily Dispatches

Investors turn to gold, not bonds, as haven from war in Iran

Section: Daily Dispatches

By Ian Smith, Emily Herbert, Rachel Rees, Leslie Hook, and Costas Mourselas
Financial Times, London
Monday, March 2, 2026

Big investors have turned to gold and the U.S. dollar rather than the traditional safety of government bonds, as anxiety grows over an inflation shock threatened by the war in Iran.

Gold raced close to a record high on Monday, jumping 2.5% to more than $5,400 a troy ounce, as drone strikes on Qatar's natural gas facilities raised fears of a new energy crisis. It was later up 1%.

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Brien Lundin: War isn't bullish for gold

Section: Daily Dispatches

By Brien Lundin
Gold Newsletter / Golden Opportunities
Metairie, Louisiana
Monday, March 2, 2026

As I walked the packed halls of the massive PDAC mining conference yesterday, many attendees asked, with eyes gleaming with excitement, how high gold would jump today in the wake of America's massive onslaught against Iran.

I threw rhetorical cold water in their faces.

Top gold miner Uzbekistan extends halt on exports amid record prices

Section: Daily Dispatches

By Yuliya Fedorinova
Bloomberg News
Monday, March 2, 2026

Uzbekistan, one of the world's largest gold producers, has taken to hoarding its output of the yellow metal as prices hit records amid global geopolitical turmoil.

The country, which mines about 130 tons per year, exported no non-monetary gold in January, extending a halt in sales that began late last year, according to data from the National Statistics Committee published today.

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Chris Powell: Canada, you're a rich country, so stop insisting on being poor

Section: Daily Dispatches

Remarks by Chris Powell
Secretary/Treasurer, Gold Anti-Trust Action Committee Inc.
Stein-GATA Dinner, Toronto
Sunday, March 1, 2026


Please forgive the lack of a French translation for my remarks. I took four years of French in high school and still don't know merde.

But since we met here a year ago things have changed dramatically for the monetary metals. For much of the last year gold and silver have been more or less soaring. I think I know why.

Chris Powell: Canada, you're a rich country, so stop insisting on being poor

Section: Daily Dispatches

Remarks by Chris Powell
Secretary/Treasurer, Gold Anti-Trust Action Committee Inc.
Stein-GATA Dinner, Toronto
Sunday, March 1, 2026


Please forgive the lack of a French translation for my remarks. I took four years of French in high school and still don't know merde.

But since we met here a year ago things have changed dramatically for the monetary metals. For much of the last year gold and silver have been more or less soaring. I think I know why.

Thai gold-trading curbs take effect as authorities try to restrain baht

Section: Daily Dispatches

By Suttinee (Ying) Yuvejwattana and Matthew Burgess
Bloomberg News
via The Business Times, Singapore
Saturday, February 28, 2026

Thailand will implement tough new rules governing retail gold-trading from Sunday, March 1, hoping to curb speculative activity that has fueled gains in the baht and weakened the nation's competitiveness.

Crypto market hedges Iran war risks with 24/7 oil, gold trading

Section: Daily Dispatches

By Sidhartha Shukla and Muyao Shen
Bloomberg News
via Yahoo News, Sunnyvale, California
Saturday, February 28, 2026

One of crypto's favorite 24/7 trading venues has become an unlikely hotspot for commodities and traditional asset classes this weekend, as traders scramble for round-the-clock hedges amid escalating tensions between the U.S., Israel and Iran.

Dubai gold flows curbed as flights halted amid U.S.-Israeli strikes on Iran

Section: Daily Dispatches

By Polina Devitt
Reuters
Sunday, March 1, 2026

LONDON -- Physical gold flows to and from Dubai's bullion trading hub will be severely curbed in coming days as airlines cancel flights due to U.S. and Israeli strikes on Iran and Tehran's retaliation, three metals industry sources said.

Dubai's trading hub is a major gold supplier to Switzerland, Hong Kong, and India, a major consumer. Gold travels by plane due to security and insurance issues stemming from its value-to-weight ratio.

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Stuart Englert: Gold is the handiwork of divine alchemy

Section: Daily Dispatches

By Stuart Englert
https://stuartenglert.substack.com
Friday, February 27, 2026

With gold once again topping $5,200 an ounce, I thought it a good time to look back in time and ask: Where did this coveted metal comes from and why has it retained its universal appeal though the ages?

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Ed Steer's weekend Gold and Silver Digest posted in the clear at SilverSeek

Section: Daily Dispatches

9:04a ET Sunday, March 1, 2026

Dear Friend of GATA and Gold:

The weekend edition of GATA board member Ed Steer's Gold and Silver Digest letter, headlined "The Set-Up in Silver: Even More Incandescently White-Hot Bullish," is posted in the clear at SilverSeek here:

https://silverseek.com/article/set-silver-even-more-incandescently-white-hot-bullish

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