Daily Dispatches

9:31p ET Monday, March 11, 2024

Dear Friend of GATA and Gold:

Since gold and even silver seem to be enjoying a sustained rally, since government stupidity and corruption are reaching new heights too, and since sentiment in our long-depressed sector may be improving, this may be the time for GATA to ask for your help, which we haven't done in a long time.

By James G. Rickards
Daily Reckoning, Baltimore
Monday, March 11, 2024

After two years of trading in a 20% range between $1,600 and $2,000 per ounce, gold finally broke out to the upside, closing at a new all-time high of $2,126 per ounce on March 4.

Better yet, if you're a gold investor, gold has held its ground around $2,100 per ounce since breaking that ceiling. (Gold is trading at around $2,187 today.)

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... ADVERTISEMENT ...

From The Times of India, Mumbai
Sunday, March 10, 2024

India is one of the largest consumers of gold in the world, importing about 800 metric tons of the precious metal every year. However, India is also a country with vast mineral resources, including gold. 

According to the World Gold Council, India has 2,191.53 metric tons of gold ore resources. However, only a fraction of these resources have been explored and exploited, leaving a huge potential for gold mining in India. 

Here are eight gold mines of India that you may not have heard of. ...

By Leen Al-Rashdan
Bloomberg News
Sunday, March 10, 2024

The ever-higher prices reached by gold are turning Dubai's traditional bazaar into more of a window-shopping experience.

Purchases are plummeting at the Gold Souk, according to salespeople at numerous shops, as bullion goes on a record run that's now approaching $2,200 an ounce. Most locals are just browsing, leaving the majority of buying to tourists who are willing to pay more while they're on vacation.

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