World Gold News
How Payrolls, CPI and the Fed Move the Gold Price
Gold pays no coupon, so its quote moves against the return available on the alternative. The link runs through expectations rather than through the figure itself. A labour-market or inflation release changes what the market believes the Federal Reserve will…
FinCEN names gold bought for courier pickup as a scam-laundering red flag
FinCEN issued Alert FIN-2026-Alert005 on 3 September 2026 on money laundering tied to digital asset investment scam centres, and two of its red-flag indicators turn on physical metal. One covers a customer who says a purported law enforcement or government…
Taipei Customs accepts electronic bank guarantees for release before duty payment
Taipei Customs, of the Customs Administration under Taiwan’s Ministry of Finance, stated on 4 September 2026 that importers and customs brokers using release before duty payment (先放後稅) may have their bank issue the required security as an electronic guarantee, with…
Swarnim Udaan 2047 targets 10–15% of India’s 31,000 tonnes of household gold
The World Gold Council puts India’s household gold holdings at an estimated 31,000 tonnes — ₹314.9 lakh crore, or US$3.4 trillion — and targets moving 10–15% of that stock into the formal financial system through bank participation and bullion banking…
UK gold weight is gross of lent metal and was restated twice this year
The Bank of England published the UK’s official reserve figures for end-August 2026 on 3 September. Gold stood at 9,976,041.279 fine troy ounces, around 310.3 tonnes, valued at US$45,658.4 million and reported against the Government rather than the Bank. Twelve…
COMEX gold delivery network adds a New York depository
Texas Precious Metals announced on 26 August 2026 that its New York facility has been approved as a licensed depository for the COMEX division of CME Group. The company states that the approval authorises the facility to store and process…
LBMA Suspends Hunan Shuikoushan (SKS) from Good Delivery on 21 August 2026
LBMA suspended Hunan Shuikoushan Nonferrous Metals Group Co Ltd (SKS) from Good Delivery standing with effect from 21 August 2026. The stated ground is the refiner’s FY2025 Responsible Silver compliance reporting, on which the assurance provider SLR Consulting Ltd. issued…
London Clearing Settled Fewer, Larger Gold Transfers in July
LBMA published its July 2026 net clearing averages on 1 September 2026. Gold transferred averaged 15.8mn ounces a day, 5.4% below June, settled across 6,169 transfers, 14.6% fewer than the month before. The average transfer was 2,566 ounces, 10.9% larger.…