Terms of Use

1. Acceptance

By accessing TheGoldMagazine you agree to these Terms of Use. If you do not accept them, please do not use the site. These terms operate alongside our Privacy Policy, Cookie Policy and Editorial Standards, each of which is incorporated by reference.

We may revise these terms as the publication develops. The version in force is the one published here at the moment you access the site; continued use after a revision constitutes acceptance of the revised terms.

2. What you may do with our journalism

You may read, print and share our articles for personal, non-commercial purposes. You may quote from them for the purposes of criticism, review, news reporting, teaching or research, provided the quotation is fair in extent, is clearly attributed to the named author and to this publication by name, and — where the medium allows — links back to the original article page.

As a working rule, a quotation of up to roughly two hundred words from a single article, in a piece that is substantially your own work, will not draw an objection from us. Wholesale republication, syndication, translation, or the reproduction of an article in substantial part is not permitted without a licence.

3. What you may not do

• Republish our articles in full, or in substantial part, on any website, newsletter, aggregator or print product without written permission.
• Scrape, crawl or bulk-download the site by automated means beyond what is permitted by our robots directives, or in a manner that degrades service for other readers.
• Use our text, photography, charts or data to train, fine-tune or ground a machine learning model, or to build a derivative dataset, without a separate written licence. Ordinary indexing for search, and the display of short attributed extracts with a link, are permitted.
• Remove, obscure or alter any author byline, credit line, watermark or copyright notice.
• Present our reporting in a way that suggests we endorse a product, an issuer, a fund, a mining venture or a trading service.
• Interfere with the security of the site, attempt to gain unauthorised access to any system, or introduce malicious code.

4. Intellectual property

All editorial text, photography, illustration, data visualisation, page design and the TheGoldMagazine name and marks are protected by copyright and, where applicable, trade mark law. Rights are owned by the publisher or licensed to it by contributing authors and photographers.

Third-party material reproduced under fair dealing or fair use, or under licence — including company filings, statistical releases and archival images — remains the property of its respective owner and is credited where the source is known.

Licensing requests, including syndication, translation, classroom packs and corporate reprints, should be sent to the editorial desk with the article URL, the intended use, the audience size and the territory.

5. No investment advice

This is the term readers most often overlook, so we state it plainly. Nothing published here is investment advice, a personal recommendation, an offer, a solicitation, or an inducement to buy or sell gold, gold-linked securities, mining equities, futures, options, exchange-traded products or any other instrument.

Our reporting frequently describes prices, spreads, production costs, reserve holdings, hedging structures and market mechanics. It does so to explain how the gold market functions, not to tell any individual reader what to do with their money. We do not know your financial position, your tax residence, your time horizon or your risk tolerance, and we make no assessment of suitability or appropriateness for you.

Precious metals markets are volatile. Prices can fall as well as rise, leverage can amplify losses beyond the sum invested, mining equities carry operational and jurisdictional risk that bullion does not, and past performance is never a reliable indicator of future results. Take independent, regulated advice before acting.

6. Accuracy and availability

We report carefully, check what can be checked, and correct what we get wrong. Even so, the site is provided on an 'as is' and 'as available' basis. Market data, production figures and reserve statistics are drawn from sources we consider reliable but cannot independently guarantee, and figures cited in an article are accurate as at the date of publication rather than the date you happen to read it.

We do not warrant that the site will be uninterrupted, timely, secure or error-free, nor that defects will be corrected within any particular period.

7. Third-party links

Articles link to primary sources: regulatory filings, central bank releases, exchange rulebooks, academic papers, NGO field reports. Those links are provided for verification and further reading. We do not control the destinations, do not endorse their contents or their operators, and accept no responsibility for them.

8. Limitation of liability

To the fullest extent permitted by law, we exclude liability for any loss of profit, loss of business, loss of anticipated savings, loss of data, or any indirect or consequential loss arising from use of, or inability to use, this site or reliance on anything published on it — including any trading or investment decision.

Nothing in these terms excludes or limits liability for death or personal injury caused by negligence, for fraud or fraudulent misrepresentation, or for any other liability that cannot lawfully be excluded.

9. Indemnity

If you breach these terms — in particular by republishing our work without a licence or by using it to train a model — you agree to indemnify us against any claim, cost, loss or expense, including reasonable legal fees, arising from that breach.

10. Complaints, corrections and right of reply

If you believe an article is materially inaccurate, contact the editorial desk with the article URL, the specific passage complained of, and the evidence you rely on. We treat correction requests as an editorial priority, not a legal formality. Our correction practice is set out in full in our Editorial Standards.

11. Governing law

These terms and any dispute arising from them are governed by the law of England and Wales, and the courts of England and Wales have exclusive jurisdiction. If you are a consumer resident elsewhere, this does not deprive you of the protection of mandatory consumer provisions of your local law.

12. Text and data mining, scraping and AI training

We expressly reserve all rights in respect of text and data mining, including the rights reserved under Article 4(3) of Directive (EU) 2019/790 and equivalent provisions elsewhere. Automated extraction of the content of this site for the purpose of training, fine-tuning, evaluating or grounding a machine-learning system is not permitted without a written licence from us.

This reservation is machine-readable as well as contractual: it is expressed in our robots directives and in the metadata of this site. Ignoring a technical directive does not create a licence, and a crawler that does so is acting outside these Terms regardless of what any general-purpose policy elsewhere asserts.

Retrieval for the purpose of answering a user's question in real time, with attribution and a working link back to the article, is a different activity from training, and we permit it. If your system quotes us, quote accurately, name the publication, and link to the page.

13. Rate limits and acceptable automated access

Automated access for legitimate purposes — search indexing, accessibility tooling, archival preservation, academic study — is welcome within limits that do not degrade the site for human readers.

• Identify yourself with an honest user-agent string that includes a contact address or an information URL.
• Respect our robots directives, including any crawl-delay, and back off on 429 or 503 responses rather than retrying immediately.
• Keep to a rate a human could plausibly generate — as a rule of thumb, no more than one request per second sustained.
• Do not attempt to access administrative paths, probe for vulnerabilities, or enumerate URLs that are not linked from published pages.
• Do not strip attribution, canonical tags or bylines from retrieved content.

14. Syndication, translation and licensing

Republication of a full article, in any language, requires a written licence. We grant them, including to non-commercial and educational users, and the terms are usually straightforward: full attribution, an unmodified text, a canonical link back to the original within the first screen of the piece, and no insertion of advertising into the body of the article.

Translation licences carry one additional condition: we require the ability to have the translation reviewed by a competent speaker before publication, because a mistranslated financial claim attributed to this publication is our problem as much as yours.

Quotation for the purposes of criticism, review, news reporting or academic citation does not require a licence and is expressly permitted under the fair-dealing and fair-use provisions of the relevant jurisdictions, provided the extract is proportionate and attributed.

15. User submissions

If you send us a document, a photograph, a data set or a piece of correspondence intended for publication, you confirm that you are entitled to share it and that doing so does not breach a duty of confidence, a contract of employment, or the rights of a third party. We may decline to publish anything, for any reason, including on the advice of counsel.

By sending material for publication you grant us a non-exclusive, worldwide, royalty-free licence to publish it in the context of our journalism and to keep it in our archive. You retain ownership. You do not acquire a right to have it published, a right to approve the accompanying article, or a right to have it removed once published, save where the law requires removal.

16. Severability, waiver and the whole agreement

If any provision of these Terms is found by a competent court to be unenforceable, that provision is severed to the minimum extent necessary and the remainder continues in force. A failure by us to enforce a provision on one occasion is not a waiver of the right to enforce it later.

These Terms, together with the Privacy Policy, the Cookie Notice, the Financial Disclaimer and the Editorial Standards, constitute the entire agreement between you and us in relation to your use of this site, and supersede any prior understanding.