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The top gold reserve buyer in 2025 wasn't a central bank, it was Tether
The ECB was out with a report today on the international use of the euro but it contained some interesting details about who is buying gold and in what quantities. First off, the data shows that official central bank gold purchases decreased to around 850 tonnes in 2025, down from over 1,000 tonnes annually between 2022 and 2024. The lower tonnage is likely masked by two things: 1) That prices are higher, so even buying 850 tonnes instead of 1000, the dollar amount spent was more. That's because the average price of gold was up 43% in 2025 compared to a year earlier. In 2024, the average price was $2386/oz and ... (full story)
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Mehr News, citing a source, reports that Iran is still reviewing the final text in Tehran and has not yet submitted a response to the U.S. 
Iran reportedly still discussing final text of agreement, no response sent to US yet The report cites a source familiar with the situation, in saying that Iran's final text of the deal is still being discussed in Tehran at this juncture. Adding that there is no response yet that is sent to the US on that. There has been so much back and forth on the text/terms of the deal that it is easy to lose track of what is happening. However, the bottom line is that there is still some differences that require sorting out. And that has been the case for well over two weeks already. A reminder on what needs to be agreed between the two sides so that the deal can be signed off: And even then, all this does is to allow for nuclear discussions to take place next. In that lieu, the US is also demanding that Iran provide some baseline promises on nuclear/uranium. The language of it all will be tricky but I wouldn't expect Iran to abide to any "promises" no matter what.
Iran reportedly still discussing final text of agreement, no response sent to US yet The report cites a source familiar with the situation, in saying that Iran's final text of the deal is still being discussed in Tehran at this juncture. Adding that there is no response yet that is sent to the US on that. There has been so much back and forth on the text/terms of the deal that it is easy to lose track of what is happening. However, the bottom line is that there is still some differences that require sorting out. And that has been the case for well over two weeks already. A reminder on what needs to be agreed between the two sides so that the deal can be signed off: And even then, all this does is to allow for nuclear discussions to take place next. In that lieu, the US is also demanding that Iran provide some baseline promises on nuclear/uranium. The language of it all will be tricky but I wouldn't expect Iran to abide to any "promises" no matter what.
Fake News Reports that the Islamic Republic of Iran, and the U.S.A., stopped speaking a few days ago are false and erroneous. The conversations between us have been going on continuously, including four days ago, three days ago, two days ago, one day ago, and today. Where they lead, one never knows, but as I told Iran, “It’s time, one way or another, for you to make a Deal. You’ve been doing this for 47 years, and it cannot be allowed to go on any longer!” President DONALD J. TRUMP
SNB Chair Schlegel says the bank has raised readiness to intervene against franc overvaluation pressure tied to Middle East escalation.
