RESEARCH & CONTEXT
Follow the evidence.
Short research notes, original sources and clear boundaries between reported data and interpretation.
WORLD GOLD COUNCIL / 3 NOVEMBER 2026
Global flows and U.S. physical demand tell different stories.
The Council reports Q3 2026 global bar-and-coin demand of 267.8 tonnes, down 19% year on year. U.S. demand was reported at approximately 8 tonnes, down 40%.
Our interpretation: a global demand headline is an incomplete guide to the domestic retail bullion market. Product-level premiums and local resale bids need separate evidence.
Read the original investment chapter → • Period: July–September 2026 • Reviewed: 13 November 2026. Industry estimates may be revised. These are flows, not forecasts or live quotes.
U.S. MINT / PRODUCT REFERENCE
The stated gold content is the useful comparison.
The American Eagle and American Buffalo use different compositions. Compare fine-gold content first, then total delivered price and buyback terms.
U.S. Mint bullion coin programs → • Undated reference, reviewed 13 November 2026. Availability and dealer pricing are separate questions.
CFTC / CONSUMER REFERENCE
Questions worth putting in writing.
Request a clear account of the metal, seller, price, fees, delivery or storage terms, and the process for selling. Check claims independently and take time to evaluate a proposal.
CFTC/FINRA: 10 things to ask → • Undated web reference, reviewed 13 November 2026. Educational context; this page does not assess individual dealers.
How we use sources.
We prioritize original institutional and company publications. Each note identifies its period and scope. Company statements describe the company’s own activities; a directory entry is not an endorsement. No automated data feed is connected. Research is a dated snapshot and should be checked against the original before use.