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Spot gold posted its worst October since 2008, down about 6.7% this month versus a roughly 17% fall in October 2008. Gold plunged 3.6% on Friday to a one‑year low. The selloff was driven by two main factors: oil-driven inflation fears that have reinf

2026-11-02

Spot gold posted its worst October since 2008, down about 6.7% this month versus a roughly 17% fall in October 2008. Gold plunged 3.6% on Friday to a one‑year low. The selloff was driven by two main factors: oil-driven inflation fears that have reinforced rate‑hike pricing (fundamental pressure), and a tech-led equity rout that forced investors to sell gold (a liquidity shock). On Monday, oil tumbled on US‑Iran talks, easing the inflation/rates pressure and likely contributing to a gold rebound.

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2026-11-02

Iran’s Islamic Revolutionary Guard Corps (IRGC) navy said on the evening of Nov. 1 local time that two tankers struck mines and exploded while transiting the Strait of Hormuz without Iranian authorization; one was a supertanker. The IRGC said the ves

Iran’s Islamic Revolutionary Guard Corps (IRGC) navy said on the evening of Nov. 1 local time that two tankers struck mines and exploded while transiting the Strait of Hormuz without Iranian authorization; one was a supertanker. The IRGC said the vessels had switched off navigation systems and attempted a covert transit with U.S. military support but were forced to stop after hitting mines.
2026-11-02

Vietnam's VN Index fell about 1%.

Vietnam's VN Index fell about 1%.
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