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Daily Dispatches
China Construction Bank said preparing to join London gold price fix
Submitted by cpowell on Mon, 2015-06-22 08:40 Section: Daily DispatchesICE Benchmark Administration Announces Two New Direct Participants to the Gold Auction
Company Press Release
via Business Wire
Monday, June 22, 2015
China's Zijin targets Australian gold miner in M&A spree
Submitted by cpowell on Mon, 2015-06-22 08:34 Section: Daily DispatchesBy James Regan
Reuters
Monday, June 22, 2015
SYDNEY, Australia -- Zijin Mining Group launched a bid for Australian gold explorer Phoenix Gold on Monday, the Chinese company's third planned acquisition of a foreign mining asset in less than a month.
Koos Jansen: Chinese gold demand seems strong but harder to read
Submitted by cpowell on Sun, 2015-06-21 16:57 Section: Daily Dispatches4:55p ET Sunday, June 21, 2015
Dear Friend of GATA and Gold:
Gold demand continues to appear strong in China but it is getting harder to evaluate because of the growing international component of the Shanghai Gold Exchange, gold researcher and GATA consultant Koos Jansen reports today. His analysis is posted at Bullion Star here:
Justice Dept. won't do anything about metals market rigging, GATA chairman says
Submitted by cpowell on Sun, 2015-06-21 16:36 Section: Daily Dispatches4:35p ET Sunday, June 21, 2015
Dear Friend of GATA and Gold:
First Majestic Silver's Neumeyer elaborates on market manipulation complaint to CFTC
Submitted by cpowell on Sun, 2015-06-21 16:14 Section: Daily Dispatches4:14p ET Sunday, June 21, 2015
Dear Friend of GATA and Gold:
World Gold Council endorses Indian government's gold paperization plan
Submitted by cpowell on Fri, 2015-06-19 23:29 Section: Daily DispatchesWorld Gold Council Welcomes Government's Draft Policy on Sovereign Gold Bonds
From The Press Trust of India
via The Times of India, Mumbai
Friday, June 19, 2015
NEW DELHI -- The government's proposed policy on sovereign gold bonds would provide investment choice to consumers and integrate gold further into regulated financial sector, the World Gold Council said today.
So why don't South African mines and unions agitate against gold price suppression?
Submitted by cpowell on Fri, 2015-06-19 13:34 Section: Daily DispatchesSouth African Mine Employers to Offer Unions Pay Linked to Gold Price
From Platt's, London
Friday, June 19, 2015
Greece needs its gold to back a new currency, Commerzbank says
Submitted by cpowell on Fri, 2015-06-19 10:52 Section: Daily DispatchesGreek Gold Sales to Raise Funds Seen Unlikely by Commerzbank
By Eddie van der Walt
Bloomberg News
Friday, June 19, 2015
Greece is unlikely to resort to selling gold because disposing of the hoard valued at about $4.3 billion would only postpone a default, Commerzbank AG said.
Bloomberg News confirms Texas' gold isn't at NY Fed
Submitted by cpowell on Fri, 2015-06-19 10:48 Section: Daily DispatchesThere's a Pile of Gold in Manhattan, and Texas Wants It Back
By Lauren Etter
Bloomberg News
Friday, June 19, 2015
Texas wants its gold back from the Yankees, wherever they're keeping it.
Indian bond proposal aims to paperize gold
Submitted by cpowell on Fri, 2015-06-19 10:44 Section: Daily DispatchesIndia Proposes Gold-Linked Bonds to Lower Bullion Imports
By Rajendra Jadhav and A. Ananthalakshmi
Bloomberg News
Friday, June 19, 2015
India is planning to issue sovereign bonds linked to the bullion price in an effort to divert some of the estimated 300 tonnes of annual demand for gold bars and coins, and reduce bullion imports that can push up the trade deficit.