Gold

Reporting points to a smuggled natural resource, widely understood in coverage of Sudan to be gold, as a key source of revenue financing the country's ongoing civil war between the Sudanese army and the Rapid Support Forces. The story highlights how illicit trade routes continue to sustain both sides of the conflict despite international pressure and sanctions.

Goldman Sachs' board has discussed a plan to name John Waldron, the bank's president and chief operating officer, as its next chief executive, according to the Wall Street Journal. The move would position David Solomon's longtime deputy as the leading successor at one of Wall Street's most powerful banks.

Gold prices fell on Monday, September 28, 2026, even as tensions involving Iran pushed oil prices higher, an unusual divergence since geopolitical risk typically lifts demand for gold as a safe haven. Traders are watching whether the pullback holds or if further escalation in the Middle East reverses the decline.

Poland defeated France in the final of the 2026 Men's European Volleyball Championships, a rematch of the Olympic gold-medal match, and in doing so secured its quota place for the LA28 Olympic Games. The victory confirms Poland's status as Europe's leading men's volleyball nation, while France, the reigning Olympic champion, settles for silver.

UK prosecutors have determined that the stabbing of two Jewish men in Golders Green, north London, was a hate crime rather than an act of terrorism. The decision shapes how the case will be charged and prosecuted, and it has drawn attention amid heightened concern about antisemitic violence in Britain.

Nicaragua has awarded Chinese mining companies concessions covering roughly a tenth of its national territory, according to a Financial Times report. The move hands foreign firms access to land in one of Central America's most gold-rich countries, drawing attention to the deepening economic ties between Managua and Beijing and raising questions about sovereignty, environmental impact and local communities' rights over the affected areas.

Gold from Venezuela reportedly brought into the United States under the Trump administration is being turned away by American refiners, who are unwilling to process it. The rejection highlights the practical difficulties of handling Venezuelan gold amid sanctions, legal uncertainty and compliance concerns, leaving the shipment in limbo and raising questions about the policy's feasibility.

Police say the stabbings in Golders Green, north London, are no longer being investigated as suspected terrorism. The counter-terrorism inquiry has been dropped, though the exact circumstances of the attack and any motive have not been publicly confirmed. The incident had earlier prompted a major response and widespread concern in the area.

Gold has slipped below a three-month uptrend, a technical signal analysts read as potential weakening of its rally, while Bitcoin has pulled back from a nine-month high after months of gains. Market watchers are weighing whether the moves mark a short-term correction or the start of a broader reversal for both assets.

Sudan is taking steps to make possession of gold without documentation a criminal offence, in an effort to stem widespread gold smuggling that drains state revenues. The move targets traders and holders of unregistered gold, a persistent problem in a country where gold is a key export and smuggling networks have flourished amid instability.

Tether's excess reserves were halved during the second quarter, with the stablecoin issuer citing declines in gold and bitcoin prices as the main cause. The figures highlight how exposed the company's reserves are to market swings in the assets backing its tokens, prompting discussion among crypto observers about the strength of its cushion.

India's men's cricket team now knows who it will face in the last-four stage of the Asian Games 2026. The draw for the semi-finals has been settled, and attention is turning to the Men in Blue's path to the final at the multi-sport event in Aichi-Nagoya, Japan.

Goldman Sachs is set to adopt a voting plan for retail investors, according to an industry report. The move would give individual shareholders a greater ability to have their votes counted on proxy matters, rather than having shares lent out or left unvoted. Details of the plan's scope and timing were not provided in the report.

One California housing market is drawing homebuyers from across the country, in what observers are calling a new gold rush. Reports say people are coming from all over to buy there, pushing demand and competition in the local market. The surge fits a broader pattern of buyers relocating within and into California in search of housing.

Gold prices have fallen sharply during a busy stretch of scheduled speeches by central bank officials. Traders are watching for signals on the future path of interest rates, with hawkish remarks typically weighing on bullion by pushing up yields and the dollar. Analysts say the drop reflects markets repricing rate expectations as policymakers take the stage.

Gold is facing pressure as rising bond yields make holding the non-yielding metal less attractive. Market analysts at FOREX.com argue the picture is not fully bearish, however, suggesting gold's broader outlook remains resilient despite the yield headwind. Traders are watching how long rates stay elevated and what that means for precious metals prices.

Goldman Sachs plans to launch a programme allowing retail shareholders to vote their shares, extending the pass-through voting model typically offered to institutional investors. The move would give individual investors a direct say on matters such as board elections and shareholder resolutions at companies they hold. It follows a broader industry push to widen retail participation in corporate governance, with asset managers and banks building similar voting pass-through services.

Keynes famously dismissed gold as a "barbarous relic," yet the metal remains central to global finance, and a new analysis argues it stands at a crossroads. The piece examines why central banks and investors continue to accumulate gold despite its obsolete monetary role, weighing its enduring appeal as a store of value against modern digital and fiat alternatives.

Goldman Sachs has flagged SpaceX in one of its growth screens, drawing attention because the rocket company remains privately held and its shares are not listed on any public exchange. The mention has fueled discussion about investor interest in SpaceX and the broader appetite for exposure to private space companies through secondary markets.

Law firm Akin has hired Neil DuChez, previously a lawyer at Goldman Sachs, as a technology transactions partner based in New York. The move strengthens the firm's technology practice, adding someone with in-house experience at a major bank at a time when demand for tech transaction and licensing legal work continues to grow.