The Archive
27 long-form pieces across history, markets, industry, craft, mining and science. Filter by desk, re-sort, or search the full text of every issue.
Mining
A gold mine is not a hole with gold in it. It is a spreadsheet with a hole attached — and the single number that decides which rock is ore and which rock is waste moves every time the price does.
5 August 2026 · 20 min read
Industry
Industrial demand is the quietest third of the gold market: a few tenths of a gram per handset, multiplied by billions of devices, chosen not for prestige but because nothing else conducts as reliably for as long.
4 August 2026 · 18 min read
Craft
Half the world's gold is worn, not stored. In India and China that distinction barely exists — and the buying behaviour it produces is the most reliably contrarian force in the entire market.
3 August 2026 · 15 min read
Markets
There is no single gold price. There is a London settlement number, a New York futures curve, a Shanghai premium and a jeweller's counter in Dubai — and the distance between them is where the market lives.
2 August 2026 · 16 min read
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