A concise look at the element Au, atomic number 79
Markets are stabilising after a stretch of high activity in tech options, with traders shifting focus as implied volatility cools. Small caps are leading potential next moves, while global equities reflect a policy-led, carry-friendly regime.
Rwandan and Congolese officials remain locked in a dispute over commitments under a Washington-brokered peace deal, with UN experts noting M23 remains active and minerals continue to flow from conflict zones. Western governments have stepped up sanctions, and the ICJ case against Rwanda has widened the international response.
U.S. Treasury yields have fluctuated amid hawkish signals from Fed Chair Warsh and ongoing data momentum. Investors await key jobs data and FOMC minutes to gauge policy direction.
The US and Iran have exchanged fresh strikes this weekend and on Monday, reversing a recent interim ceasefire and re‑opening doubt over control of the Strait of Hormuz. President Donald Trump has declared the ceasefire "over," ordered further strikes and revoked a temporary oil waiver. Oil has jumped into the high $70s–$80s and global markets have fallen.
The government has not charged Febrie Adriansyah. Authorities are carrying out raids across Jakarta, South Tangerang, and Bogor in connection with a corruption and bribery case tied to power blackouts and fraud at Asabri and Jiwasraya. The case involves state officials and mining firms amid high-profile investigations.
Treasury Secretary has unveiled a commemorative $1 coin bearing President Trump’s likeness for America’s 250th anniversary. The coin features a gold finish and a forward-facing Trump, prompting questions about living-person portraits on currency. Legal review and congressional oversight are centered on whether the design complies with federal law and existing coinage rules. The coin will be minted in Philadelphia this fall.
Brent crude has fallen about 8–9% to below $88–$92 a barrel after prices briefly topped $100 last week. The drop follows pauses in US–Iran strikes and reports that both sides have halted attacks to allow diplomacy. Markets remain volatile because shipping through the Strait of Hormuz and the Red Sea is still disrupted and analysts warn supply risks and inflationary pressure persist.
The UN and world powers are pressing for governance reform as demand for critical minerals rises. Leaders warn that without local processing and stronger rule of law, mining profits will bypass local communities and fuel conflict. New commitments aim to channel wealth into public services and jobs amid a global scramble for cobalt, lithium, nickel and rare earths.
The central bank has kept the policy rate steady, citing price stability and a steady growth outlook amid global risks. Domestic growth remains solid, while inflation remains within the target band despite recent upticks.
A coalition of 25 US states has filed suit in the US Court of International Trade to stop 10–12.5% tariffs that took effect in July on goods from about 60 trading partners. Plaintiffs say the administration has used forced‑labour claims to recreate broad levies courts have already struck down; the White House says the duties are lawful under Section 301.
GDP growth has slowed to 1.5% in Q2, down from 2.1% in Q1, as a trade deficit widens and petrol prices spike. Consumer spending remains resilient, while AI investment continues to push capital formation and imports, dampening net exports. Fed kept rates unchanged amid inflation concerns, with midterm elections approaching.
The United States has expanded tariffs on imports from more than 60 partners, citing forced-labor concerns. Israel faces a 12.5% duty on exports, with other allies facing 10% tariffs. Governments and exporters warn of economic disruption and potential shifts in trade patterns.
The labor market has a mix of resilience and weakness. Job openings remain elevated in some sectors while hiring slows overall, with unemployment near 4.1% to 4.2% and labor-force participation at historic lows for this cycle. New data suggest a stubborn, low-hire economy as rates stay high and uncertainty persists.
A week of developments in Ethiopia shows a surge in climate resilience and digital security. The Green Legacy Initiative plants hundreds of millions of trees, while the government tightens cyber-security rules to protect critical infrastructure amid its digital expansion.
Global gold-backed ETFs have drawn $3 billion in July, ending two months of outflows as Western investment demand shows tentative signs of recovery. Europe led inflows, North America posted modest gains, and Asian funds boosted holdings, while prices rebound from earlier lows but remain below January highs.
Global markets have steadied as US retail data suggests consumer spending is softer while inflation trends remain in check. Traders are watching for Federal Reserve guidance as major indices hover near records after a week of mixed signals across equities, bonds and currencies.
A block of UK indicators shows services activity expanding and consumer confidence firming, while manufacturing remains modest. PMI readings point to continued growth in Q3, supported by tech investment and exports, though inflation and public finances remain a risk.
The Treasury has expanded debt buybacks and is extending short-term borrowing to manage a growing U.S. debt burden. Analysts warn the strategy addresses near-term costs but leaves the longer-term inflation and funding challenges unresolved as corporate debt rises and global buyers pull back.
Bitcoin has climbed this week as the Treasury Department doubles long-dated debt buybacks, easing yields and attracting buyers across crypto and risk assets. Trump pushes a crypto bill while inflation and debt concerns loom; analysts see potential for further gains but warn of a reversal if hawkish signals prevail.
The US Treasury has announced "Operation Economic Outcast," expanding secondary sanctions and targeting Iran's digital assets, technology, gold, aviation and shipping to sever Tehran's revenue streams. Washington has designated about 60 individuals, companies and vessels worldwide; Iran says it is prepared with contingency plans and vows to pursue both defence and diplomacy.
Bitcoin has rallied further amid a spike in risk appetite after the Treasury Department doubled long-dated bond buybacks, fueling demand for risk assets. Traders are weighing whether the move is sustainable as a major rally continues into the week.
The United States has imposed new sanctions on nearly 60 entities linked to Iran’s oil revenue, cyber operations and nuclear-related procurement as part of a broader effort to sever Tehran’s economic lifelines. Tehran has rejected the measures, while allies weigh responses and potential countermeasures.
Investors are reassessing the debasement thesis as a nearly $40 trillion national debt and persistent deficits keep inflation in focus. Gold and bitcoin rally while long-dated yields show resilience; Nvidia results and policy moves remain key watchers.
Ismail has pleaded not guilty in Kuala Lumpur to a charge under Malaysia’s anti-graft law, accusing him of failing to provide a complete declaration of assets. The case could carry up to five years in prison. He previously served as Malaysia’s prime minister for 15 months and is among several former leaders facing graft proceedings.
The Dutch central bank has shifted a portion of its gold reserves from New York and Ottawa to London to improve tradability and crisis readiness. The move, affecting about 86 tonnes, increases London’s share of Dutch gold to 32.1%, while New York and Ottawa each hold 18.5%. Central bank officials say the relocation strengthens resilience though they do not expect to deploy the gold.
Top long jumper Davis-Woodhall has suffered a severe concussion in a rear collision while en route to training. She remains uncertain for the inaugural World Athletics Ultimate Championships in Budapest, with prize money of $150,000 for each event winner.
The bond market has continued to tighten as yields rise amid stronger‑than‑expected economic data and persistent inflation concerns. Investors are weighing higher borrowing costs against the AI investment cycle, with warnings of possible further selloffs if rates stay elevated.
At least 37 suspected illegal miners have died in the custody of the Nigeria Security and Civil Defence Corps (NSCDC) in Minna, Niger State. Officials have said the deaths have been sent for medical examination while an intelligence report and survivors point to overcrowding and poor ventilation in the detention facility. Protests and a curfew have followed.
Informal gold mining in Sudan has seen a deadly collapse at the Awny area near the Egypt border. Initial reports confirm multiple deaths and many injuries as rescuers work with limited equipment amid ongoing war and economic chaos.
A deadly incident in Minna has intensified as a government probe explores overcrowding and ventilation as possible causes after 37 detainees died in a NSCDC cell. A panel is to determine responsibility and misconduct, while officials suspend NSCDC officers and impose a curfew amid protests.
Amnesty International has documented alleged abuses by Rwanda-backed M23 rebels at artisanal mines in North and South Kivu, including torture, killings, and forced labor. The report covers January 2025 to March 2026 and cites 26 interviewees across Rubaya and Lomera mines, with claims of smuggling minerals to Rwanda amid ongoing conflict.
G7 leaders have agreed to coordinate an International Energy Agency release of up to 100 million barrels of oil and diesel over four months, including a substantial diesel release for 20 days, to ease record-high diesel prices driven by the US–Israel war on Iran and disruptions to Russian and Chinese exports. The move begins immediately and will include refinery coordination and talks on further diesel releases.
US payrolls have expanded by 29,000 in September, far below economist expectations of roughly 70,000-90,000. The unemployment rate has ticked up to 4.2%, with healthcare leading gains and manufacturing and financials posting mixed results. The report underscores a cooling labor market ahead of the midterms.