Precious Metals Weekly: Valcambi Owner Probed for $159B Fraud, Six Countries Driving Sovereign Gold, Ron Paul on the Fed

Precous metals weekly news june 5, 2026

This week in precious metals: gold slips back to $4,450 on Iran de-escalation, India probes Valcambi’s owner for $159 billion in inflated revenue, and six countries quietly drive every ounce of sovereign gold demand.

Silver Eagle Sales Hit Zero in May 2026: The Retail Buyer Has Left

US Mint Silver Eagle Sales Slump in May

The US Mint sold zero 1 oz American Silver Eagle bullion coins in May 2026 after a five-month decline. Retail demand for current-year Eagles has collapsed while dealers and wholesalers sit on heavy buyback inventory and refiners stay backlogged.