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Stephen Innes: Gold is not rallying but replacing faith in fiatSubmitted by admin on Thu, 2026-01-29 07:59 Section: Daily DispatchesBy Stephen Innes After blowing through $5,500 in early Asia, bullion is no longer trading like a commodity. It is trading like a referendum. Not on inflation. Not on rates. On trust. Gold is not yet pressing north of $6,000. What is pressing higher is the narrative ceiling. When prices clear $5500 this decisively, the next leg is no longer spot-driven but expectation-driven. This is the phase in which forecasts begin to chase price rather than guide it. China's precious metals frenzy sparks protest as risks growSubmitted by admin on Wed, 2026-01-28 19:32 Section: Daily DispatchesA more accurate headline might be: "Chinese investors angry that they can't get their money and more metal." * * * By Yihui Xie Chinese investors piling into a record-breaking rally in precious metals are becoming increasingly exposed to risk, as speculative demand pushes local prices well above international benchmarks. Treasury secretary says Trump administration still pursues 'strong dollar policy'Submitted by admin on Wed, 2026-01-28 19:24 Section: Daily DispatchesMonetary metals investors may say: Please keep at it! * * * By Claire Jones, Ian Smith, and Kate Duguid The U.S. currency rebounded today after U.S. Treasury Secretary Scott Bessent said Washington was still pursuing a "strong dollar policy" and was not planning an intervention to boost the Japanese yen. The dollar jumped as much as 0.9% against the euro and 1% against the yen after Bessent said in an interview with CNBC that he expected the U.S. currency to appreciate. Tether is a new force to be reckoned with in the gold marketSubmitted by admin on Wed, 2026-01-28 09:23 Section: Daily DispatchesBy Jack Ryan 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. ... Dispatch continues below ... Mali detains 5 gold mine executives, sources tell ReutersSubmitted by admin on Tue, 2026-01-27 19:36 Section: Daily DispatchesBy Tiemoko Diallo 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. ... Dispatch continues below ... ... ADVERTISEMENT ... Chinese solar cell producer will switch from silver to base metalsSubmitted by admin on Tue, 2026-01-27 14:25 Section: Daily DispatchesBy Junaid Shah 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. View all Daily Dispatches |
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