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.

A small plane crashed into a building in Belo Horizonte, Brazil, killing the pilot and a passenger. The aircraft struck the structure between the third and fourth floors, avoiding occupied apartments. Investigators from the Centre for Investigation and Prevention of Aeronautical Accidents (CENIPA) will examine the incident.

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