Malaysia jolts bullion trade with 10% import duty on gold bars
Submitted by admin on Tue, 2026-05-26 13:12 Section: Daily DispatchesBy Yihui Xie
Bloomberg News
Tuesday, May 26, 2026
Malaysia has imposed a 10% import duty on some gold bar shipments, according to traders familiar with the matter, disrupting the bullion trade in the Southeast Asian nation.
Some inbound cargoes have been charged a 10% duty since at least early May, traders and dealers said, asking not to be identified as they are not authorized to speak to the media.
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Uzbekistan resumes gold exports after half-year pause
Submitted by admin on Tue, 2026-05-26 10:49 Section: Daily DispatchesBy Yuliya Fedorinova
Blomberg News
Tuesday, May 26, 2026
Uzbekistan, one of the largest gold producers, resumed full-scale gold exports in April after a half-year pause.
The nation exported about $1.5 billion of non-monetary gold in the first four months of the year, the National Statistics Committee reported today, indicating that most of it was sold in April.
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Paris Mint to issue first solid-gold coins in a century
Submitted by admin on Tue, 2026-05-26 10:20 Section: Daily DispatchesFrom RTE, Dublin
Tuesday, May 26, 2026
The Paris Mint said that it would soon start selling solid-gold coins for investment, the first since it quit making Napoleons and Louis coins a century ago.
Four versions of the new Marianne coins will go on sale 16 June, ranging from one-tenth of an ounce (3.1 grams) to a full ounce (31.1 grams).
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Patrick Gibbons: There's a global rush to gold but Australia is the hardest place to mine it
Submitted by admin on Tue, 2026-05-26 09:12 Section: Daily DispatchesBy Patrick Gibbons
Australian Financial Review, Sydney
Tuesday, May 26, 2026
Sometimes budget papers hide in plain sight critical information. And this year's was no different. Buried among the usual forecasts for iron ore, coal, and LNG export earnings was a commodity Canberra rarely talks about: gold.
For decades gold has occupied an awkward place in Australia's economic story. Iron ore built the budget surpluses. Coal powered Asia. LNG was the great energy export hope.
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Burkina Faso tightens grip on $7 billion gold industry as foreign firms lose ground
Submitted by admin on Sun, 2026-05-24 12:11 Section: Daily DispatchesBy Segun Adeyemi
Business Insider Africa, New York
Saturday, May 23, 2026
Burkina Faso is rapidly tightening its grip on one of Africa's most valuable industries as the military-led government pushes to reduce foreign dominance over the country's gold sector.
The West African nation, one of the continent's leading gold producers, has spent the past three years restructuring mining ownership in what authorities describe as a drive for "economic sovereignty."
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Zimbabwe just drew a hard line for foreign miners concerning its gold
Submitted by admin on Sat, 2026-05-23 19:44 Section: Daily DispatchesBy Chinedu Okafor
Business Insider Africa, New York
Saturday, May 23, 2026
Zimbabwe is stepping up its campaign for resource-driven industrialization by prohibiting foreign individuals and firms from participating in small-scale gold mining, the latest move in a larger strategy to boost local ownership and promote the domestic mineral industry.
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