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'Gold prices are rising because central banks are accumulating it': Nirmala Sitharaman
Union Finance Minister Nirmala Sitharaman said that aggressive gold accumulation by central banks worldwide is a major factor behind the recent surge in bullion prices, highlighting a structural shift in global reserve strategies. “Gold price spikes because central banks globally are buying a lot of it,” she said while addressing reporters after a meeting of the Central Board of the Reserve Bank of India on February 23. Gold prices continued their upward momentum across domestic and international markets amid escalating geopolitical tensions mainly due to US-Iran developments and renewed tariff threats from US ... (full story)
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From kitco.com | Feb 23, 2026
Russia’s central bank sold a significant amount of gold from its reserves in January as prices hit all-time record highs above $5,500 per ounce, according to the latest data from the Central Bank of Russia (CBR). The country sold 300,000 ounces, the CBR announced on Friday, lowering its total gold holdings to 74.5 million ounces. This was the first decrease ...
Numerous stories from the Fake News Media have been circulating stating that General Daniel Caine, sometimes referred to as Razin, is against us going to War with Iran. The story does not attribute this vast wealth of knowledge to anyone, and is 100% incorrect. General Caine, like all of us, would like not to see War but, if a decision is made on going against Iran at a Military level, it is his opinion that it will be something easily won. He knows Iran well in that he was in charge of Midnight Hammer, the attack on the Iranian Nuclear Development. It is a Development no longer, but rather, was blown to smithereens by our Great B-2 Bombers. Razin Caine is a Great Fighter, and represents the Most Powerful Military anywhere in the World. He has not spoken of not doing Iran, or even the fake limited strikes that I have been reading about, he only knows one thing, how to WIN and, if he is told to do so, he will be leading the pack. Everything that has been written about a potential War with Iran has been written incorrectly, and purposefully so. I am the one that makes the decision, I would rather have a Deal than not but, if we don’t make a Deal, it will be a very bad day for that Country and, very sadly, its people, because they are great and wonderful, and something like this should never have happened to them. PRESIDENT DONALD J. TRUMP
From litefinance.org | Feb 24, 2026
Gold has shown the greatest divergence from fundamental factors since the gold rush of the 1970s. Back then, the Fed was forced to cut the interest rate aggressively to end the uptrend in gold prices. Let's discuss this topic and make a trading plan for the XAU/USD. When did gold become a purely speculative asset? Some say it was back in 2022, when the ...
