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Daily Dispatches

India belatedly lists banks authorized to import gold and silver

Section: Daily Dispatches

By Rajendra Jadhav and Shilpa ​Jamkhandikar
Reuters
Friday, April 17, 2026

https://www.reuters.com/world/india/india-allows-15-banks-import-gold-silver-until-march-2029-2026-04-17/

India today issued an order listing banks authorized ​to import gold and silver, providing relief ‌for banks that were forced to halt imports because the list's publication was delayed.

Alasdair Macleod: Surreal markets

Section: Daily Dispatches

By Alasdair Macleod
GoldMoney, Toronto
Friday, April 17, 2026

In short supply already, anyone can see that demand for gold and silver will increase substantially. Yet markets are worryingly complacent, and it's not just in precious metals.

Surreal hardly describes it. Equities are hitting new highs on the back of little more than Truth Social posts. The guys below appear representative of today's investors.

First, let's look at last week’s events for gold and silver. ...

... For the remainder of the analysis:

Wall Street Journal starts to give gold its due

Section: Daily Dispatches

Our Long Love Affair with Gold

By Lane Florsheim
The Wall Street Journal, New York
Thursday, April 16, 2026

Every morning for the past six months, Isaac Kahan has left his house at 3:30 a.m. to begin his workday on the stretch of 47th Street that comprises New York City’s bustling Diamond District. Buying and selling gold has never been a busier vocation. 

Indian banks halt gold and silver imports amid delay in govt. clearance, sources tell Reuters

Section: Daily Dispatches

By Rajendra Jadhav
Reuters
Friday, April 17, 2026

MUMBAI, April 17 (Reuters) -- Indian banks have halted gold and silver ​import orders from overseas suppliers, with tons of the metals stuck at customs as a formal government order ‌has not been issued authorizing bullion imports, trade sources said.

Without fresh imports, India could face supply shortages, as the world's second-largest gold consumer and biggest silver buyer relies on overseas purchases to meet nearly all its demand.

... Dispatch continues below ...

Lawsuit challenges Texas' ability to issue commemorative coins

Section: Daily Dispatches

By Kim Roberts
The Texan, Austin
Thursday, April 16, 2026

A recent federal lawsuit doesn't dispute the value of a gold bullion coin, but questions who has the right to put the image of Texas on its face.

Texas Precious Metals, a Texas company based in Shiner with its own private precious metal bullion brand, has sued Acting Comptroller of Public Accounts Kelly Hancock for infringing on its intellectual property rights and exceeding his statutory authority in operating the Texas Bullion Depository by offering its own gold and silver coins.

CFTC chairman to examine national security risks from geographical concentration of monetary metals depositories

Section: Daily Dispatches

From the Sound Money Defense League
Eagle, Idaho
Thursday, April 16, 2026

WASHINGTON -- At today's U.S. House Agriculture Committee oversight hearing, Commodities Futures Trading Commission Chairman Michael Selig applauded and pledged to assist the efforts by two members of Congress who recently introduced the "System Integrity through Licensed Vault Expansion and Resilience Act," or the SILVER Act.

... Dispatch continues below ...


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Kansas Legislature creates state capital-gains tax exemption for gold and silver

Section: Daily Dispatches

By Tim Carpenter
Kansas Reflector, Washington, D.C.
Monday, April 13, 2026

TOPEKA, Kansas -- Republican state Sen. Michael Murphy sold the Kansas Legislature on granting investors in gold and silver an exemption from state capital gains tax by noting the insightful allegory about monetary policy woven into "The Wonderful Wizard of Oz."

Myrmikan Capital's Dan Oliver: Trump's realpolitik may restore the American empire

Section: Daily Dispatches

1:55p ET Monday, April 13 2026

Dear Friend of GATA and Gold:

Myrmikan Capital's Dan Oliver brilliantly analyzes the world situation, and gold's prospects, in his report published today, titled "Realpolitik."

Oliver begins by dismissing the 10 major rationalizations offered in March for the fall in gold prices. He writes that all of them "describe liquidity conditions" while "none address gold's value as measured by U.S. dollars, value which the war [with Iran] has undoubtedly increased."

... Dispatch continues below ...

Yuan's 'golden window' is open, former PBoC governor says, as U.S. dollar credibility teeters

Section: Daily Dispatches

By Xinyi Wuin
South China Morning Post
Monday, April 13, 2026

https://www.scmp.com/economy/global-economy/article/3349868/yuans-golden-window-open-former-pboc-governor-says-us-dollar-credibility-teeters

BEIJING -- Faltering confidence in the US dollar has handed China a "golden window of opportunity" to promote the global use of its currency, according to a former head of the Chinese central bank.

First batch of gold ingots delivered to DR Congo central bank under new reserve program

Section: Daily Dispatches

By Solomon Ekanem
Business Insider Africa, New York
Sunday, April 12, 2026

The Democratic Republic of Congo has received its first batch of refined gold ingots at the central bank, marking a key milestone in its effort to rebuild monetary gold reserves through a new state-led gold purchasing program.

According to DRC Gold Refinery SA -- DR Congo's first gold refinery -- the country has taken a major step toward restoring its monetary gold system nearly half a century after it was largely absent from official reserve accumulation.

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