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Daily Dispatches
India's September gold, silver imports nearly double despite record prices, sources tell Reuters
Submitted by admin on Thu, 2025-10-02 09:30 Section: Daily DispatchesBy Rajendra Jadhav
Reuters
via The Times of India, Mumbai
Tuesday, September 30, 2025
MUMBAI -- India's imports of gold and silver nearly doubled in September from August, defying record high prices, as banks and jewelers rushed to build inventories ahead of festivals and escape higher taxes on imports, trade and government sources said.
Higher imports by India, the world's second-biggest consumer of the precious metal, are set to support gold prices that hit records this week, even as demand languishes in top buyer China.
Sound Money Defense League chief JP Cortez details its progress
Submitted by admin on Wed, 2025-10-01 16:38 Section: Daily Dispatches4:39p ET Wednesday, October 1, 2025
Dear Friend of GATA and Gold:
The Sound Money Defense League's executive director, JP Cortez, is interviewed today by Miles Franklin Media's Andy Schectman about the organization's work and the growing movements among U.S. states to recognize gold and silver as official forms of money. The objective, Cortez says, is to break the federal government's monopoly on money.
"Fiat" money, Cortez says, is the root of unnecessary wars and the impoverishment of the people.
Former Vietnam gold agency CEO sentenced to 25 years for fraud
Submitted by admin on Tue, 2025-09-30 10:18 Section: Daily DispatchesFrom Tuoi Tre News, Ho Chi Minh City, Vietnam
Tuesday, September 30, 2025
The People's Court of Ho Chi Minh City on Monday handed down a 25-year prison sentence to Le Thuy Hang, former CEO of Saigon Jewelry Co., for embezzlement and abuse of power.
She was also ordered to pay VND14 billion (US$529,905) in compensation to SJC and VND73 billion ($2.8 million) to the state budget.
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Gold boom spurs push by Africa to cash in on its riches
Submitted by admin on Tue, 2025-09-30 09:56 Section: Daily DispatchesBy William Clowes
Bloomberg News
Tuesday, September 30, 2025
A spectacular gold-market boom is spurring a push by African nations -- where the ground is rich in the precious metal -- to extract more revenue.
Bullion has soared almost 50% this year and hit yet another all-time high today at more than $3,800 an ounce. Global tensions stoked by President Donald Trump’s trade war, fears of an American government shutdown, and central bank buying have all helped to bolster its appeal as a safe-haven asset.
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Natascha Viljoen is appointed Newmont's first female CEO
Submitted by admin on Mon, 2025-09-29 10:41 Section: Daily DispatchesBy Vallari Srivastava
Reuters
Monday, September 29, 2025
Newmont today named Natascha Viljoen as its first female CEO, succeeding Tom Palmer, at a time when the gold mining sector tries to cope with a slew of challenges, even as the precious metal hits a series of new highs.
Viljoen's appointment coincides with the abrupt resignation of Mark Bristow as CEO of rival Barrick Mining earlier in the day.
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Ross Norman: Gold isn't defying gravity -- commodities are political weapons now
Submitted by admin on Mon, 2025-09-29 10:26 Section: Daily DispatchesBy Ross Norman
Metals Daily, London
Monday, September 29, 2025
Is gold defying gravity?
As I see it, you have two options: either to believe the laws of gravity have been suspended, or to accept that gold and other precious metals exist within an entirely new paradigm. Simply claiming that the markets are massively overpriced and will return to "normal" marks you as a dinosaur who has y
et to understand that fundamental changes have occurred. ...
Barrick names operations chief as interim CEO after Bristow's unexpected exit
Submitted by admin on Mon, 2025-09-29 10:13 Section: Daily DispatchesBy Divya Rajagopal
Reuters
Monday, September 29, 2025
Barrick Mining appointed veteran executive Mark Hill as interim president and CEO today following the sudden resignation of Mark Bristow, who led the Canadian miner for nearly seven years after its merger with Randgold Resources.
Bristow, who became CEO in 2019 when Barrick acquired Randgold, oversaw the integration of the two companies and steered the miner through a period of significant portfolio reshaping and debt reduction. ...
Singapore and Hong Kong go for gold in precious-metal trade
Submitted by admin on Mon, 2025-09-29 00:37 Section: Daily DispatchesBy Owen Walker, Leslie Hook, Chan Ho-him, and Cheng Leng
Financial Times, London
Monday, September 29, 2025
In the centre of a maximum-security storage facility sits one of the world's biggest vaults for precious metals, emblematic both of Asian ambition to become the centre of the global gold trade and the difficulties in achieving that goal.
Jesse Colombo: Here's where gold and silver stand
Submitted by admin on Sun, 2025-09-28 23:35 Section: Daily DispatchesBy Jesse Colombo
The Bubble Bubble Report
Sunday, September 28, 2025
It has been a while since my last gold and silver update, and that's mainly because things have been unfolding so smoothly. There hasn't been much to say beyond the fact that both metals are on a strong upward path, consistently breaking to new highs.
In a situation like this, the best course of action is to let your winners run and allow the bull market to play out.
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Brien Lundin: What's behind the steady and stunning rise in the gold price?
Submitted by admin on Sun, 2025-09-28 23:13 Section: Daily Dispatches11:14p ET Sunday, September 28, 2025
Dear Friend of GATA and Gold:
In this weekend's edition of Gold Newsletter, Publisher Brien Lundin offers speculation that would explain the recent steady and running rise in the gold price, speculation that seems more than plausible and corresponds perfectly with GATA's work. With his kind permission, the letter is excerpted in PDF format here:
https://www.gata.org/sites/default/files/GNL-Excerpt-09-27-2025.pdf