Weekly precious-metals intelligence

The flows the headlines miss.

Each week we track what central banks, big funds and the world’s exchanges are actually doing with gold, silver & platinum — plus sharp coverage of ASX precious-metals companies. In plain English.

Free, weekly, 4-minute read. No spam. Unsubscribe anytime.

What you get every week

Six sections. Same structure. Skimmable in four minutes.

THE TAPE

What gold, silver and platinum did this week — and the real reason, not the lazy headline.

FLASHPOINTS

The geopolitics and macro tensions most likely to move metals in the week ahead.

HIDDEN FLOWS

The data the news ignores: central-bank buying, ETF flows, COMEX positioning, Shanghai demand.

THE RESERVE LEDGER

A running tally of which central banks are stacking gold — and which are quietly selling.

ASX SPOTLIGHT

One Australian precious-metals company per issue: what it does, what to watch.

THE TAKE

The one thing that matters — and what to keep an eye on next. Four minutes, done.

Why now

Central banks are buying gold at the fastest pace in modern history.

Most of it is buried in PDFs and filings the news never opens. We read them so you don’t have to.

244t

central-bank gold bought in Q1 2026

~US$37bn

record quarterly spend

89%

of central banks plan to buy more

The archive

Every issue, in one place.

1 July 2026

Silver's sixth straight year of running out.

A sixth year of silver deficit — ~46Moz short — even as solar quietly thrifts.

Read →

24 June 2026

Only one region bought gold last month.

Gold ETFs saw ~US$2bn of outflows — yet Europe alone kept buying. Read the regions.

Read →

17 June 2026

Central banks set a record. Gold fell anyway.

244 tonnes bought in Q1 — a record US$37bn — yet gold slipped. The flows, not the headline.

Read →

View the full archive →

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“How to read central-bank gold flows”

The 5 data sources the news ignores — delivered the moment you subscribe.

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