A mass-casualty strike on a gold mining site near Sudan's border with Egypt killed 72 workers, according to a local civil group. The incident highlights how Sudan's three-year war is reaching its resource economy.
China's foreign reserves rose to $3.4 trillion in September while the central bank added another 23 tonnes of gold, extending a 23-month buying streak. The mix of steady reserves and persistent bullion purchases is drawing attention from global markets.
International gold prices have fallen sharply from their early-year peak, and premium jeweler Laopu Gold has started discounting for the first time after repeated price hikes. Chinese buyers are wondering whether the golden run has finally ended.
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