You are here

Daily Dispatches

Spain faces dilemma of what to do with its gold at the U.S. Fed

Section: Daily Dispatches

By Belen Carreno
El Pais, Madrid
Tuesday, September 8, 2026

As the world order finds its new balance, some of the pieces in motion are made of solid gold. 

Major European central banks have begun repatriating their gold reserves held at the Federal Reserve Bank of New York. The Netherlands made this public last week, but France and Germany had already taken recent steps in this direction, while Italy is resisting growing public pressure to bring its reserves home. 

... Dispatch continues below ...

China's central bank adds most gold since 2023 even as prices jump

Section: Daily Dispatches

By Jessica Zhou and Jack Ryan
Bloomberg News
Monday, September 7, 2026

China added the most gold to its reserves since 2023, accelerating purchases in August even as bullion prices surged.

Holdings at the People's Bank of China, one of the biggest official-sector buyers, rose by 650,000 ounces, according to data released by the central bank on Monday. That extends the PBOC's buying streak to 22 months.

... Dispatch continues below ...


... ADVERTISEMENT ...

Prime minister fails to diminish India's love for gold

Section: Daily Dispatches

By Chris Kay and Krishn Kaushik
Financial Times, London
Monday, September 7, 2026

Indians are ignoring calls by Narendra Modi's government to curb gold purchases, according to the country's biggest jewellery retailer.

Profits at Titan -- part of the Tata conglomerate -- rose by 63% while footfall also increased in the most recent quarter. Jewelry accounts for the vast majority of the chain's earnings. 

... Dispatch continues below ...


... ADVERTISEMENT ...

Russian gold floods through Hong Kong following Western sanctions

Section: Daily Dispatches

By William Sandlund and Haohsiang Ko
Financial Times, London
Sunday, September 6, 2026

Russian gold shipments to Hong Kong have surged this year as the Chinese territory becomes a top trading centre for bullion placed under sanctions by the West.

The shift comes at a time when Asian hubs are vying to control more of the global gold trade that has traditionally centred on London, New York, and Dubai.

... Dispatch continues below ...


... ADVERTISEMENT ...

China expands currency swap with Egypt as trade ties reach new heights

Section: Daily Dispatches

By Jevans Nyabiage
South China Morning Post, Hong Kong
Saturday, September 5, 2026

https://www.scmp.com/news/china/diplomacy/article/3366430/china-expands-currency-swap-egypt-trade-ties-reach-new-heights

Egypt's expanded currency swap with China may help bring the yuan into wider use in trade and investment, but experts say any reduced reliance on the US dollar will not happen in a hurry.

Ronan Manly: It's more than a bull market in gold but a change in the financial system

Section: Daily Dispatches

9a ET Saturday, September 5, 2026

Dear Friend of GATA and Gold:

Bullion Star's Ronan Manly returns today with a comprehensive review of gold's revival during the last decade, which, he writes, is far more than a rally in price but its return to the center of the world financial system. 

Alasdair Macleod: A yen for gold

Section: Daily Dispatches

By Alasdair Macleod
GoldMoney, Toronto
Friday, September 4, 2026

The yen carry trade is blowing up, driving up global bond yields. Investors are slowly learning that the only safe havens are to be found in gold, silver, and storable commodities.

It started with Scott Bessent at the U.S. Treasury intervening in the JPY rate doing a favor for Japan's finance ministry in late-July. 

... Dispatch continues below ...


... ADVERTISEMENT ...

Norway's $2 trillion sovereign fund proposes deep cuts to U.S. Treasury holdings

Section: Daily Dispatches

By Iain Withers and Tommy Reggiori Wilkes
Reuters
Friday, September 4, 2026

LONDON -- The manager of Norway's $2.3 trillion sovereign wealth fund has proposed significantly cutting its exposure to U.S. Treasuries as part of ‌a wider shake-up of its bond investments to improve returns, according to a letter published this week.

Norges Bank Investment Management has recommended reducing its weighting to government bonds within its benchmark bond index to 50% from 70%, with U.S. Treasuries, the biggest holding, getting the biggest cut, according to the letter.

Biggest money managers are rebuilding gold positions

Section: Daily Dispatches

By Yihui Xie, Yvonne Yue Li, and Jack Ryan
Bloomberg News
via The Straits Times, Singapore
Friday, September 4, 2026

Some of the world's biggest money managers have rebuilt their gold holdings after prices dropped, betting that long-term drivers of the precious metal will endure even as the U.S. Federal Reserve takes a more assertive stance on inflation.

Pages