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Daily Dispatches
ICE expands London gold contract ahead of LME's rival offering
Submitted by cpowell on Wed, 2017-06-07 20:08 Section: Daily DispatchesKenadyr Announces Partial Drill Results at the South Zone:
Intersects 40 Meters at 6.17 Grams of Gold per Ton
Company Announcement
Friday, May 25, 2017
$1,300 is key level for gold, Raymond James analyst and KWN say
Submitted by cpowell on Wed, 2017-06-07 18:23 Section: Daily Dispatches6:25p ET Wednesday, June 7, 2017
Dear Friend of GATA and Gold:
Raymond James analyst Andrew Adams and King World News say that $1,300 is a key technical level for the gold price, which explains the heavy resistance to the monetary metal's continued rise here:
http://kingworldnews.com/alert-this-is-the-reason-why-there-was-a-panic-...
Turk tells KWN of another indication of a short squeeze in gold
Submitted by cpowell on Wed, 2017-06-07 18:14 Section: Daily DispatchesKenadyr Announces Partial Drill Results at the South Zone:
Intersects 40 Meters at 6.17 Grams of Gold per Ton
Company Announcement
Friday, May 25, 2017
TF Metals Report: Banks playing same old game
Submitted by cpowell on Wed, 2017-06-07 11:10 Section: Daily Dispatches11:15a ET Wednesday, June 7, 2017
Dear Friend of GATA and Gold:
The TF Metals Report today asserts that things are back to normal with "Comex Digital Gold," with the bullion banks selling as much unbacked paper as speculators demand, confident that no one will ever try taking delivery. The report is headlined "Banks Playing Same Old Game" and it's posted here:
HSBC faces fresh suit alleging forex manipulation
Submitted by cpowell on Wed, 2017-06-07 11:00 Section: Daily DispatchesKenadyr Announces Partial Drill Results at the South Zone:
Intersects 40 Meters at 6.17 Grams of Gold per Ton
Company Announcement
Friday, May 25, 2017
China's gold imports seen jumping 50% as haven demand booms
Submitted by cpowell on Tue, 2017-06-06 09:28 Section: Daily DispatchesBy Ranjeetha Pakiam
Bloomberg News
Monday, June 5, 2017
China, the world's biggest gold market, may boost imports through Hong Kong by about half this year as local investors seek to protect their wealth from currency risks, a slowing property market, and volatile stocks, according to the Chinese Gold & Silver Exchange Society.
Singapore's gold hub strategy bears fruit as imports, exports rise
Submitted by cpowell on Mon, 2017-06-05 12:57 Section: Daily DispatchesBy Andrea Soh
The Business Times, Singapore
Monday, June 5, 2017
Singapore's strategy to develop itself as a gold hub has proven successful, as its imports and exports almost doubled in the years after the goods and services tax was removed for investment-grade precious metals in 2012.
Ted Butler: CFTC discovers some silver market manipulation after all
Submitted by cpowell on Mon, 2017-06-05 10:55 Section: Daily DispatchesKenadyr Announces Partial Drill Results at the South Zone:
Intersects 40 Meters at 6.17 Grams of Gold per Ton
Company Announcement
Friday, May 25, 2017
Hoard of Roman gold coins found at former burial site in Netherlands
Submitted by cpowell on Sat, 2017-06-03 22:31 Section: Daily DispatchesFrom Dutch News, Amsterdam, Netherlands
Friday, June 3, 2017
A hoard of coins dating from the final days of the Roman Empire has been found in an orchard in Gelderland. Experts believe the fortune was buried by a Frankish military leader in the second half of the fifth century, when the area was part of the Western Roman Empire, which collapsed in 476 A.D.
India to levy 3% tax on gold under new regime; industry relieved
Submitted by cpowell on Sat, 2017-06-03 22:23 Section: Daily DispatchesBy Sankalp Phartiyal and Rajendra Jadhav
Reuters
Saturday, June 3, 2017
MUMBAI -- India will tax gold at a rate of 3 percent under a new nationwide sales tax that comes into effect on July 1, the government said today.
The goods and services tax on gold, which was lower than industry expectations of around 5 percent, will replace a number of federal and state levies.
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