International News
Gold surges on U.S. govt shutdown fears, dollar weakness
Gold hits record high above $3,875/oz as futures surge to $3,887.40
Gold is currently , shattering its all-time price records. The precious metal is proving its mettle, hitting an unprecedented peak of $3,875.32 per ounce before settling slightly to $3,860.13. December U.S. gold futures also followed suit, jumping 0.4% to trade at $3,887.40.
What’s fueling this spectacular climb? A potent cocktail of political jitters and economic anticipation.
- Safety First: The immediate spark was the official U.S. government shutdown. With deep political divides paralyzing Washington and thousands of federal jobs on the line, investors are flocking to gold as a traditional “safe-haven asset”—a reliable store of value when stability is in doubt. Nicholas Frappell, global head of institutional markets at ABC Refinery, pointed squarely to the government standoff and general geopolitical uncertainty as major drivers.
- Dollar Weakness: Compounding the effect, the U.S. dollar index ($DXY) tumbled to its lowest level in over a week. A weaker dollar makes gold, which is priced in the greenback, cheaper and more attractive for international buyers, further boosting demand.
- Rate Cut Hopes: Beyond the politics, soft recent labour data has solidified expectations that the Federal Reserve will soon begin cutting interest rates. Lower rates generally diminish the appeal of interest-bearing assets, making non-yielding assets like gold shine brighter.
For those wondering if the rally has legs, the consensus is yes. Analysts remain decisively bullish on gold’s prospects. Frappell sees the upside targets pointing toward the $3,900 threshold and potentially soaring as high as $4,000 per ounce. The confluence of a weaker dollar, ongoing U.S. political instability, and global uncertainty provides a strong foundation for gold to maintain its record-breaking momentum.
GlamBuzz
All That Glitters: The Jewellery Moments Everyone Talked About at the 2026 Golden Globes
From archival diamonds to playful brooches, Hollywood’s biggest night sparkled with fearless jewellery statements
The 2026 Golden Globes didn’t just celebrate cinematic brilliance—it redefined red-carpet glamour. Set against a newly designed red carpet at the Beverly Hills Hotel, the evening shimmered beneath four magnificent Swarovski crystal chandeliers, casting a radiant glow on Hollywood’s finest. But the true spectacle lay in the extraordinary jewellery moments that unfolded as stars stepped into the spotlight.
Teyana Taylor delivered one of the night’s most talked-about looks, pairing her Best Supporting Actress win for One Battle After Another with striking 1940s Tiffany & Co. earrings. The archival diamonds perfectly offset the playful audacity of her custom Schiaparelli gown, proving once again that classic jewels and modern fashion can collide spectacularly.
Zoë Kravitz championed the romantic return of the hair pin, wearing a bespoke creation by Jessica McCormack that felt both intimate and effortlessly chic. Meanwhile, Charli xcx leaned fully into Old Hollywood glamour, completing her custom Saint Laurent ensemble with cascading De Beers diamond strands that echoed timeless screen sirens.
Men’s jewellery continued its powerful rise on the Golden Globes carpet. Colman Domingo stood out with an elegant suite of Boucheron diamonds, styled as ivy-like tendrils flowing over his custom black Valentino tuxedo—an artful blend of couture and craftsmanship. Paul Mescal reaffirmed his love for refined accessories with a Cartier tie pin, while Connor Storrie brought playful elegance with Tiffany & Co.’s iconic Bird on a Rock brooch.
One of the most imaginative jewellery moments belonged to Wicked director Jon M. Chu, who wore two beaded figurative brooches depicting his co-stars and fellow nominees Ariana Grande and Cynthia Erivo. Designed by Italy-based embroidery artist Nerd Bead—discovered by Chu on Instagram—the pieces added personality, storytelling and warmth to the red carpet.
Elsewhere, Emily Blunt sparkled in Tiffany & Co., Priyanka Chopra Jonas turned heads in Bulgari, Hailee Steinfeld chose the architectural elegance of Repossi, Claire Danes glowed in Pomellato, Natasha Lyonne dazzled in Chopard, Jennifer Lawrence opted for Swarovski, and Timothée Chalamet continued his refined jewellery streak with Cartier.
At the 2026 Golden Globes, jewellery wasn’t merely an accessory—it was a statement of individuality, creativity and evolving red-carpet expression. From archival diamonds to bold brooches, the night served as a brilliant reminder that fine jewellery remains one of Hollywood’s most powerful storytelling tools
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All That Glitters: The Jewellery Moments Everyone Talked About at the 2026 Golden Globes
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