DhbnaDOCUMENTING THE GOLD PATH
Cash demand, deleveraging, forced liquidation and funding stress.
The gold market experienced significant turbulence during the March 23, 2026 session, following statements from former U.S. President Donald Trump that carried tones of political and economic escalation. These remarks revived concerns about potential trade tariffs and unconventional economic policies.…
In a move that reveals sophisticated sovereign asset management, the Bank of Russia disclosed today a reduction in the nation’s gold holdings by 300,000 ounces during January 2026. This marks the first notable decline in Russian reserves since October, prompting…
The sharp downward adjustment in gold and silver prices during the final 48 hours of January 2026 was not a reflection of a shift in the intrinsic value of precious metals. Instead, the market experienced a Cross-Asset Liquidity Contagion driven…