Gold Prices Rise on Falling U.S. Treasury Yields and Geopolitical Risk Ahead of FOMC

A top US official in the Pacific has warned that America would have to “respond” if the Solomon Islands allows China to establish a military base there.Following a “constructive and candid” 90-minute meeting with prime minister Manasseh Sogavare, ambassador Daniel Kritenbrink said that the security deals between China and the Solomon Islands present “potential regional security implications” for the US and other allies.“We wanted to outline for our friends in the Solomons what our concerns are,” Mr Kritenbrink, US assistant secretary for East Asian and Pacific Affairs, told reporters.“We have respect for the Solomon Islands’ sovereignty. But we also...

Silk Road founder Ross Ulbricht is forfeiting billions of dollars worth of Bitcoin (BTC) and other crypto assets to the US government. According to a new court filing, Ulbricht will relinquish any claim to over 69,000 BTC and undisclosed amounts of Bitcoin Gold (BTG), Bitcoin SV (BSV) and Bitcoin Cash (BCH) worth a combined $3 billion as part of a settlement.

Indonesia accounts for about half of the world's supply of palm oil — the world's most widely used vegetable oil.

"No one wants to see the outbreak of a third world war," Chinese Foreign Ministry spokesman Wang Wenbin told reporters during a briefing.