Central Banks Ramp Up Gold Purchases to 244 Tons in Q1 Amid Price Slump
Central banks stockpiled gold at the fastest pace in over a year during the first quarter, capitalizing on a sharp price correction to amass 244 tons of the metal, up from 208 tons in the prior quarter, according to the World Gold Council. Poland, Uzbekistan, and China emerged as the top buyers, driving a wave […]
Mercado Drills 256 g/t Silver Over 6.5 Metres In First Drill Hole of Inaugural Program
Mercado Minerals (CSE: MERC) reported the first assay results from its inaugural diamond drill program at the Copalito Project in Sinaloa, Mexico on Wednesday, with the opening trio of holes confirming continuity along the 5 Señores vein.
Cabrol Gold Advances Cuiu Cuiu Project To 70% Completion
Cabral Gold (TSXV: CBR) is steadily advancing construction at their flagship Cuiú Cuiú in project in Brazil. The project is now moving its Phase 1 gold-in-oxide heap leach project into the plant erection phase. Construction is roughly 70% complete, with 85% of project costs locked in under contract. The company says the build remains on […]
A Shooting at the Correspondents’ Dinner Finds Trump at His Lowest Approval Yet
President Donald Trump’s approval rating fell to its lowest point of his second term just days before an armed man attempted to storm the White House Correspondents’ Dinner. It is yet to be seen whether surviving another assassination attempt can reverse a slide that months of economic anxiety and an unpopular war have driven. A […]
Appalachia Is Sitting on Enough Lithium for 328 Years of America’s Battery Needs
A US Geological Survey assessment published on Tuesday estimates the Appalachian region holds 2.3 million metric tons of undiscovered, economically recoverable lithium — enough at current import levels to supply the US for 328 years and to power 130 million electric vehicles or 1.6 million grid-scale batteries. The US currently imports more than half its […]
Iran Claims It Transferred 15 Unexploded US Weapons for Reverse Engineering, Including Intact GBU-57
Iran’s Islamic Revolutionary Guard Corps claimed this week it recovered more than 15 unexploded American weapons from strikes on its territory and transferred them to technical and research units for reverse engineering — including, according to Iranian state media, a fully intact GBU-57 bunker-buster bomb that failed to detonate during US strikes on Iran’s nuclear […]
King Charles to Trump: ‘You’d Be Speaking French’ if Not for the British
King Charles III arrived in Washington this week carrying an uncomfortable brief: repair a fraying alliance, nudge a skeptical American president back toward multilateralism, and do it all without triggering the kind of transatlantic blowup that has defined US-UK relations since the Iran war began — all while never once appearing to be doing any […]
Record Gold Prices and Tariffs Gut US Jewellery Demand in Q1
American consumers cut gold jewellery purchases sharply in the first quarter of 2026, as record-high prices collided with import tariffs to produce the steepest year-on-year demand decline among major markets globally. US gold jewellery consumption fell 44% year-on-year to 13.1 tonnes — making the United States one of the only markets tracked by the World […]
Gold Demand Hits Record Value in Q1 as China Hoards, Turkey Sells
Global gold demand reached a record US$193 billion in the first quarter of 2026, driven by an unprecedented buying spree in China and surging safe-haven investment across Asia — even as Turkey quietly offloaded roughly 10% of its national gold reserves. The World Gold Council’s quarterly demand report shows total demand including over-the-counter transactions rose […]
Only 17% of Fort Knox Gold Meets Modern Purity for International Settlements
A staggering 83% of the gold bars stored at Fort Knox fail to meet modern international purity standards, rendering much of the US’s reported 8,133.5 metric tons of gold reserves illiquid for global transactions. This revelation casts doubt on the readiness of America’s stockpile—valued statutorily at $42.22 per ounce—for use in international settlements. The London […]