You are here
Daily Dispatches
Adam Sharp: Empires past and present
Submitted by admin on Tue, 2026-03-31 22:13 Section: Daily DispatchesBy Adam Sharp
Daily Reckoning, Baltimore
Tuesday, March 31, 2026
Imagine a single country at the center of the world's monetary system. An empire overflowing with unprecedented wealth.
Sounds pretty nice. But underneath the shiny surface, all isn't well.
... Dispatch continues below ...
... ADVERTISEMENT ...
Bullion Star Opens in the U.S., Selling and Vaulting Gold and Silver
Ghana locks out foreign-owned firms from Gold Fields' Damang mine sale
Submitted by admin on Tue, 2026-03-31 21:55 Section: Daily DispatchesBy Solomon Ekanem
Business Insider Africa, New York
Tuesday, March 31, 2026
Africa's top gold producer is pushing to boost domestic participation in the sector after refusing to renew the mine's lease, effectively ending Gold Fields' long-running operations at Damang as per Bloomberg.
... Dispatch continues below ...
... ADVERTISEMENT ...
Buy metals at GoldMoney and enjoy international storage
Central banks sell U.S. Treasuries amid Iran war
Submitted by admin on Tue, 2026-03-31 09:43 Section: Daily DispatchesBy Kate Duguid, Michelle Chan, and Ian Smith
Financial Times, London
Tuesday, March 31, 2026
Foreign central banks have slashed their holdings of Treasuries at the New York Federal Reserve to the lowest level since 2012, as countries sell the U.S. government bonds to prop up their economies and currencies in the wake of the Iran war.
Tether cuts top gold traders months after hiring them from HSBC
Submitted by admin on Tue, 2026-03-31 09:26 Section: Daily DispatchesBy Jack Ryan and Archie Hunter
Bloomberg News
Tuesday, March 31, 2026
Tether Holdings SA has cut two senior precious metals traders who had joined from HSBC Holdings Plc just months ago as part of the stablecoin issuer's plan to build "the best trading floor for gold in the world."
Vincent Domien and Mathew O'Neill, who were poached by the El Salvador-based crypto firm as it built a gold hoard worth tens of billions of dollars, have both been released by Tether, according to people familiar with the matter.
... Dispatch continues below ...
India's boldest currency move in years fails to hold rupee's gains
Submitted by admin on Mon, 2026-03-30 10:21 Section: Daily DispatchesBy Bhaskar Dutta and Ashutosh Joshi
Bloomberg News
Monday, March 30, 2026
India's most dramatic step in more than a decade to curb speculation in the foreign-exchange market delivered only fleeting gains, with the rupee's initial jump reversing.
After surging as much as 1.4% at the open today, the rupee gave up gains and hit a fresh low in the final stretches of trading.
... Dispatch continues below ...
... ADVERTISEMENT ...
Russia sells from gold reserves for first time in 25 years to cover budget deficit
Submitted by admin on Sun, 2026-03-29 08:54 Section: Daily DispatchesBut to whom was the gold sold? To investors generally or, say, to Russia's recent patron, China? If the latter, little has changed geopolitically.
* * *
By Ben Aris
BNE IntelliNews, Berlin
Wednesday, March 25, 2026
Russia began selling physical gold from its central bank reserves for the first time in 25 years, as the government seeks to plug a widening budget deficit driven by sustained military spending.
Monetary metals are ready to resume their climb, Maguire tells LFTV
Submitted by admin on Sat, 2026-03-28 08:23 Section: Daily Dispatches8:23a ET Saturday, March 28, 2026
Dear Friend of GATA and Gold (and Silver):
On this week's episode of Kinesis Money's "Live from the Vault" program, London metals trader Andrew Maguire says the U.S. government has been using derivatives to hold U.S. oil prices down while Asian governments have begun to sell dollars to buy the recent dips in gold and silver, which are ready to resume their climb.
... Dispatch continues below ...
... ADVERTISEMENT ...
Iran war threatens to reverse central banks' role as major gold buyers
Submitted by admin on Fri, 2026-03-27 10:41 Section: Daily DispatchesBy Jack Ryan
Bloomberg News
Friday, March 27, 2026
The Iran war is threatening to put a key driver of gold's record-breaking rally into reverse.
Turkey has offloaded $8 billion of gold reserves this month in a bid to protect its currency from soaring energy costs and higher demand for dollars. The country's central bank sold and swapped about 60 tons of bullion over two weeks in March.
... Dispatch continues below ...
... ADVERTISEMENT ...
Singapore sets out plan to support gold trading amid growing interest
Submitted by admin on Fri, 2026-03-27 08:41 Section: Daily DispatchesFrom Channel News Asia, Singapore
Friday, March 27, 2026
SINGAPORE -- Singapore will develop measures to strengthen the country's gold ecosystem, deputy chairman of the Monetary Authority of Singapore Chee Hong Tat said today amid growing interest among investors to vault and trade gold here.
... Dispatch continues below ...
... ADVERTISEMENT ...
Fisher Precious Metals offers great prices
with personal service from a family team
Turkey sold, swapped gold in part to hold domestic price down
Submitted by admin on Thu, 2026-03-26 20:30 Section: Daily DispatchesTurkey's $8 Billion Gold Drawdown on Iran War Hits Bullion
By Kerim Karakaya, Jack Ryan, and Beril Akman
Bloomberg News
Thursday, March 26, 2026
Turkey’s central bank sold and swapped about 60 tons of gold, worth more than $8 billion, in two weeks after the start of the war in Iran, adding to downward pressure on bullion prices.
Turkish gold reserves show a decline of 6 tons in the week of March 13 and another 52.4 tons in the week of March 20, marking a sharp drawdown in reserves, according to the latest data published by the central bank.
Pages
