BIS gold swaps rise as the metal's price falls
Submitted by admin on Tue, 2026-06-09 21:53 Section: Daily Dispatches9:53p ET Tuesday, June 9, 2026
Dear Friend of GATA and Gold:
As gold prices keep falling, gold swaps arranged by the Bank for International Settlements on behalf of its member central banks keep rising.
Drawing on the bank's monthly statement for May --
Craig Hemke: Central bank gold demand and price trends
Submitted by admin on Tue, 2026-06-09 18:22 Section: Daily DispatchesBy Craig Hemke
Sprott Money, Toronto
Tuesday, June 9, 2026
Central bank demand has been a key driver of the gold price since 2023. While a few countries have sold some gold in early 2026, several others have picked up the pace and their continued demand provides long term support for price.
Singapore's OCBC Bank to offer physical gold trading and storage
Submitted by admin on Tue, 2026-06-09 11:59 Section: Daily DispatchesBy Timothy Goh
The Straits Times, Singapore
Monday, June 8, 2026
SINGAPORE -- Wealthy investors will soon be able to buy and store physical gold bars with OCBC Bank, as demand for holding bullion in Singapore grows amid persistent geopolitical tensions and economic uncertainty.
The service will be available from June 10 to OCBC's institutional clients, as well as high-net-worth and ultra-high-net-worth clients of its private banking arm, Bank of Singapore.
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Ed Steer: Gold's 200-day moving average falls in a brutal bear raid
Submitted by admin on Sun, 2026-06-07 10:06 Section: Daily Dispatches10a ET Sunday, June 7, 2026
Dear Friend of GATA and Gold:
The weekend edition of GATA board member Ed Steer's Gold and Silver Digest is headlined "A Brutal Bear Raid: Gold's 200-Day Moving Average Falls" and is posted in the clear at SilverSeek here:
https://silverseek.com/article/brutal-bear-raid-golds-200-day-moving-average-falls
China's PBOC adds gold again as bullion remains under pressure
Submitted by admin on Sun, 2026-06-07 09:24 Section: Daily DispatchesBy Jessica Zhou
Bloomberg News
Saturday, June 6, 2026
China's central bank extended its gold-buying streak in May, adding to holdings as prices of the precious metal remained under pressure.
Bullion held by the People's Bank of China rose by 320,000 troy ounces last month, according to data released today. The latest addition extended its buying streak to 19 months, the longest since at least 2015, when the PBOC began publishing more regular updates on its gold reserves.
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Joseph Solis-Mullen: Sound money and the myth of militarism
Submitted by admin on Fri, 2026-06-05 16:43 Section: Daily DispatchesBy Joseph Solis-Mullen
MoneyMetals.com, Eagle, Idaho
Friday, June 5, 2026
One of the most common mistaken arguments against a return to sound money is that the dollar's international dominance supposedly depends upon American military supremacy.
