World News

China’s central bank increased its gold reserves by 23 tonnes in September, the largest monthly acquisition since October 2023, bringing total holdings to approximately 2,410 tonnes. This move aims to reduce reliance on US dollar assets amid rising geopolitical and financial risks, with private demand for gold also soaring as households seek secure savings options.

Jailed Russian opposition leader Alexei Navalny did not appear at a scheduled court hearing on Monday and has not been seen or heard from in 15 days. Amid speculation that he has been secretly moved to another prison or is seriously unwell, the UN has raised concerns of an “enforced disappearance” that would coincide with the launch of President Vladimir Putin’s campaign for re-election in March 2024. 

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