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Daily Dispatches
Tanzania will sell gold reserves to fund infrastructure spending
Submitted by admin on Tue, 2026-01-27 14:02 Section: Daily DispatchesBy Kanika Saigal
Bloomberg News
Tuesday, January 27, 2026
Tanzania plans to sell part of its gold reserves to finance spending on infrastructure projects, as it faces reduced donor funding amid a broader shift away from development aid.
President Samia Suluhu Hassan instructed the central bank to proceed with a partial sale of its gold holdings, Minister of State in the President's Office Kitila Mkumbo said at a briefing in London on Monday, without providing further details.
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Hong Kong and Shanghai sign gold trading agreement
Submitted by admin on Tue, 2026-01-27 13:57 Section: Daily DispatchesBy Luo Weiteg
China Daily, Beijing
Tuesday, January 27, 2026
The Hong Kong Special Administrative Region and Shanghai signed a cooperation agreement on Monday to foster gold trading, putting flesh on the bones of a coordinated push to elevate China's two major financial centers in the global gold market.
Officials and industry experts said they expect the deal to promote long-term interconnectivity opportunities, with a more integrated renminbi-based Asian gold market in the making.
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The violence of gold's rise should explain to the FT what's behind it
Submitted by admin on Tue, 2026-01-27 12:51 Section: Daily Dispatches1:09p ET Tuesday, January 27, 2026
Dear Friend of GATA and Gold:
Today the Financial Times accelerates its longstanding campaign to denigrate the monetary metals and mystify the powerful increase in their prices.
Reporter Bryce Elder writes analysis headlined "Who's Been Buying All the Gold?" and subheadlined "Because It Doesn't Look Like It's the Central Banks":
https://www.ft.com/content/a2539a6a-284a-40be-a77c-b91ed5bb2a65
IMF prepares for run on U.S. dollar
Submitted by admin on Mon, 2026-01-26 19:33 Section: Daily DispatchesBy Thomas Moller-Nielsen
Euractive, Brussels, Belgium
Monday, January 26, 2026
The International Monetary Fund is preparing for the possibility of a rapid sell-off of U.S. dollar-denominated assets, its managing director, Kristalina Georgieva, said today.
"At the fund, one muscle that we are building is our ability to hypothetically present scenarios of unthinkable events and then figure out what to do," Georgieva said at an event hosted by Bruegel, a Brussels-based think-tank.
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China's Zijin Gold is buying Canada's Allied Gold for about $4 billion
Submitted by admin on Mon, 2026-01-26 09:57 Section: Daily DispatchesFrom Reuters
Monday, January 26, 2026
Zijin Gold will buy Canada's Allied Gold for about C$5.5 billion ($4.02 billion) in cash, the companies said today as the Chinese miner ramps up its global expansion against the backdrop of record high prices of the yellow metal.
A surge in gold prices has boosted margins and cash flows for miners, fuelling consolidation in the industry as large producers seek to secure long-life assets and boost output through acquisitions rather than developing new mines.
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Gold pushes past $5,000 to record high on safe-haven rush
Submitted by admin on Sun, 2026-01-25 20:19 Section: Daily DispatchesAnd still no mention by mainstream financial news organizations of the massive, government-underwritten, naked short derivative positions whose calling fuels the monetary metal's explosion. Oh, well, a fanfare is still in order:
https://youtu.be/3WZP7-41iAU?t=367
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Gold rushes past $5,000 to record high on safe-haven rush
By Kavya Balaraman and Anjana Anil
Reuters
Sunday, January 25, 2026
Currency markets on guard for intervention in Japan's yen
Submitted by admin on Sun, 2026-01-25 19:42 Section: Daily DispatchesBy Tom Westbrook and Danilo Masoni
Reuters
Sunday, January 25, 2026
Foreign exchange markets are starting the week on edge amid the possibility of official yen buying to build on the currency's spike on Friday and a subsequent pledge by Prime Minister Sanae Takaichi to act against speculative moves.
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Former Bundesbank research chief calls for repatriating Germany's gold
Submitted by admin on Sun, 2026-01-25 19:35 Section: Daily DispatchesBy James Jackson
The Telegraph, London
Sunday, January 25, 2026
Germany has been urged to withdraw gold worth more than L100 billion from American vaults because Donald Trump's unpredictability has made keeping it there too "risky."
The country stores 1,236 tons of gold, roughly the same weight as three Air Force 1 jets, at the U.S. Federal Reserve in New York, worth around E164 billion (E122 billion).
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Wolfgang Mulke in Die Tageszeitung: Germany's gold must be returned
Submitted by admin on Sun, 2026-01-25 19:09 Section: Daily DispatchesDie Tageszeitung is among the 15 largest newspapers in Germany.
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By Wolfgang Mulke
Die Tageszeitung, Berlin
Saturday, January 24, 2026
https://taz.de/Deutsches-Gold-in-den-USA/!6147790/
A discussion is underway regarding Germany's gold reserves. Even if the Bundesbank, as the entity responsible for the national treasury, doesn't want to hear it, at least a significant portion should be withdrawn from the United States.
U.S. govt. to take 10% stake in USA Rare Earth in $1.6 billion deal, sources say
Submitted by admin on Sun, 2026-01-25 10:17 Section: Daily DispatchesFrom Reuters
via CNBC, New York
Saturday, January 24, 2026
The Trump administration is taking a 10% stake in mining company USA Rare Earth as part of a $1.6 billion debt-and-equity investment package aimed at helping the company develop a domestic mine and magnet facility, two sources familiar with the deal told Reuters.
The deal and a separate $1 billion private investment will be unveiled on Monday and Oklahoma-based USA Rare Earth will host a morning conference call with investors to discuss the terms, according to one of the sources who was briefed on the plans.
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