World Gold Council says informal gold inflows into India jumped after New Delhi more than doubled the import duty to 15%. Citing Metals Focus, the WGC reports informal imports rose to about 50 t in Q3 (Jul–Sep), up over 15x from 3 t a year earlier; the report did not detail tracking methods. The council noted higher import taxes historically increase incentives for unofficial inflows, typically via smuggling or individuals carrying small amounts. The duty rise was aimed at curbing gold demand an

US October ISM Manufacturing Prices Paid Index 75.2, below expectations of 77 and down from prior 77.9.

On Nov. 3, 2026, China used a Lijian-2 Yao-2 carrier rocket from the Dongfeng Commercial Space Innovation Test Zone to place 18 Qianfan constellation networking satellites built by Shanghai Yuanxin Satellite Technology into their planned orbit; the launch was declared successful. Qianfan is a Yuanxin-developed, commercially operated low-Earth-orbit satellite internet constellation using Ku and Q/V bands to provide broadband and internet-access services. The Ministry of Industry and Information Technology completed domestic frequency coordination and issued space radio station licenses and radio-frequency-use permits in bulk to support the project’s deployment.