Plus inflation expectations
Start-up backed by BlackRock and CBOE says structure of global bullion market ‘dysfunctional’
Amid buoyant consumer demand, watchmakers are under pressure to pass on costs or turn to alternative materials
Jorge Ganoza of Fortuna Mining says industry must guard against over-investment amid ‘exciting days’
Pawnbrokers report rise in new clients as Trump’s trade war boosts potential loan amounts and scrap value
Country accounts for more than half of global bullion ETF flows over past 4 weeks in hunt for havens amid trade war
S&P 500 index rebounds after fall on Monday
Mining group also says ruling military junta has shut its office in Bamako
Even US Treasuries take a hit as Donald Trump’s tariff blitz shakes confidence in American assets
Plus more bad hard data
Biggest inflow since onset of pandemic pushes bullion to fresh highs as traders hunt for haven assets
Sector once known for wanton capital allocation is now generating cash and embarking on share buybacks
Boom in gold ETFs fuels purchases of asset long loved by domestic investors as prices hit record
But the craziness from the White House has not turned me into a gold bug yet
Ghana is experiencing a unique knock-on effect of gold’s record highs
The precious metal is the ultimate shock absorber against geopolitical maelstroms, inflation and lower interest rates
The country re-evalutes its contracts with foreign consultancies as it pursues ambitious agenda
Precious metal has benefited amid steep sell-off in Wall Street stocks and concern over trade wars
Fears that Donald Trump could impose tariffs on gold imports have upended the market
Gold surges to all-time high as investors seek safety amid doubts over Ukraine ceasefire
Court rules advisory boutique played role in merger between Canadian miner and Randgold
Gold-adjusted GDP forecasts. Really!
Both the left and the right like Donald Trump’s antitrust nominee. Wall Street doesn’t
Also in this newsletter: prospect of free speech curbs for social media sites, and China’s economic outlook
Ghanaian farmers are ditching cocoa to dig for bullion and driving up global prices