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A teenage street musician has been jailed and charged with leading a public gathering in which she led a crowd in singing an anti-Putin rock song in St. Petersburg, a rare act of defiance, according to local reports.

Diana Loginova faces a single administrative charge for organizing an unauthorized public gathering and has been jailed for 13 days, The Moscow Times reported.

After serving her sentence, Loginova will face an additional administrative offense of ‘discrediting’ the Russian military, Reuters reported.

Loginova, who performs under the name Naoko with the band Stoptime, was arrested Tuesday after being filmed earlier leading a crowd in singing the lyrics to exiled rapper Noize MC’s hit song ‘Swan Lake Cooperative.’

Noize MC, the musician who wrote ‘Swan Lake Cooperative,’ is openly critical of the Kremlin and left Russia for Lithuania after the start of the war in Ukraine.

For its part, Moscow has added him to its list of ‘foreign agents,’ which includes hundreds of individuals and entities accused of conducting subversive activities with support from abroad, Reuters reported.

The song doesn’t reference Russian President Vladimir Putin or mention the war in Ukraine. It is a reference to Tchaikovsky’s Swan Lake, which was played on television after the deaths of Soviet leaders and during the 1991 coup attempt against President Mikhail Gorbachev.

In May, a St. Petersburg court banned the song on grounds it ‘may contain signs of justification and excuse for hostile, hateful attitudes towards people, as well as statements promoting violent changes to the foundations of the constitutional order.’

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A video shared on X shows Erika Kirk at the Turning Point USA office surrounded by staff members, proudly showing them the Presidential Medal of Freedom awarded to her late husband, Charlie Kirk.

In the clip posted by Mikey McCoy, Charlie Kirk’s former chief of staff, Erika speaks movingly to the assembled team.

In the clip, she can be heard saying, ‘I wanted you guys all to see the Medal of Freedom and be able to look at it and the back of it.’

‘You guys are all part of the legacy. Thank you,’ she says warmly.

The Presidential Medal of Freedom is the highest civilian award in the U.S. It was awarded posthumously to Charlie Kirk by President Donald Trump on Oct. 14, 2025, a date that would have been Kirk’s 32nd birthday. 

Erika accepted the award on her husband’s behalf at a ceremony in the Rose Garden at the White House. She also delivered remarks highlighting her husband’s beliefs and sacrifice.

Charlie Kirk was assassinated on September 10, 2025, while speaking at a Turning Point USA event at Utah Valley State University in Orem, Utah.

Following her husband’s death, Erika was unanimously appointed CEO and chair of Turning Point USA’s board.

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Senate Majority Leader John Thune, R-S.D., believed that Senate Democrats were ‘in a bad place’ after they tanked Republicans’ push to consider the annual defense spending bill on Friday.

Thune argued during an exclusive interview with Fox News Digital that Democrats’ decision to vote against the procedural exercise seemed like ‘an extreme measure, and I think it’s coming from a very dysfunctional place right now.’

‘I think there’s a ton of dysfunction in the Democrat caucus, and I think this [‘No Kings’] rally this weekend is triggering a lot of this,’ he said.

Thune’s move to put the bill on the floor was a multipronged effort. One of the elements was to apply pressure on Senate Minority Leader Chuck Schumer, D-N.Y., and his caucus to join Republicans to jump start the government funding process as the shutdown continues to drag on.

Another was to test Democrats’ desire to fund the government on a bipartisan basis — a demand they had made in the weeks leading up to the shutdown.

‘I think the leadership is applying pressure,’ Thune said. ‘They were all being called into Schumer’s office this morning to be browbeaten into voting ‘no’ on the defense appropriations bill, something that most of them, you know, like I said, that should be an 80-plus vote in the Senate.’

To his point, the bill easily glided through committee earlier this year on a 26 to 3 vote, and like a trio of spending bills passed in August, typically would have advanced in the upper chamber on a bipartisan basis.

The bill, which Senate Republicans hoped to use as a vehicle to add more spending bills, would have funded the Pentagon and paid military service members.

But Senate Democrats used a similar argument to block the bill that they’ve used over the last 16 days of the government shutdown in their pursuit of an extension to expiring Obamacare subsidies: they wanted a guarantee on which bills would have been added to the minibus package.

‘What are you — are you gonna go around and talk to people about a hypothetical situation,’ Thune countered. ‘I think, you know, once we’re on the bill, then it makes sense to go do that, have those conversations, which is what we did last time.’

The Senate could get another chance to vote on legislation next week that would pay both the troops and certain federal employees that have to work through the shutdown, but it won’t be the defense funding bill. Instead, it’s legislation from Sen. Ron Johnson, R-Wis., and several other Senate Republicans.

As for the torpedoed defense bill, which was the last vote for the week in the Senate, Thune argued that it was emblematic of Senate Democrats being ‘in a place where the far-left is the tail wagging the dog.’

‘And you would think that federal workers, who you know, federal employee unions, public employee unions, who Democrats [count] as generally part of their constituency, right now, they’re way more concerned about what Moveon.org and Indivisible, and some of those groups are saying about them, evidently, than what some of their constituents here are saying,’ he said.

‘Because there’s going to be people who are going to start missing paychecks, and this thing gets real pretty fast,’ he continued. 
 

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In theory, this should be a moment of vindication for the Free Palestine movement. A ceasefire holds. Israel has pulled back troops. International headlines finally reflect what activists have shouted for months: that Gaza’s suffering matters. 

And yet, the plazas are still. The hashtags have gone dormant. The chants that once shook campuses have faded into uneasy silence.

Why? 

Many activists can’t celebrate because celebration feels like surrender.

Behavioral science has some explanations. First, there’s cognitive dissonance at play. When the suffering that fueled your cause suddenly ends, any gesture toward happiness feels obscene. They still see bombed hospitals and displaced families. To cheer would feel like betrayal – not of Israel, but of grief itself.

Second, social identity theory tells us people bond most tightly when facing a common enemy. But when the enemy momentarily recedes, cohesion falters. You can see it in activist networks now debating purity tests and political hierarchies: who’s really anti-colonial, who’s performative. The silence isn’t apathy; it’s fragmentation.

And then there’s the matter of trust. The Free Palestine movement’s emotional currency is their perceived moral authenticity. That’s why President Donald Trump, despite questioning aid to Israel, gains no credit here. Even if he were to deliver every demand the Free Palestine movement has ever made – an end to occupation, full recognition, humanitarian aid – he would get no credit. 

To them, he is not a messenger; he is a metaphor. His name evokes everything they stand against: nationalism, hierarchy, cruelty disguised as strength. Their ears are hardened not by indifference, but by identity. When a message comes from a symbol of what you despise, its meaning dies on arrival. That’s not hypocrisy – it’s human nature. We hear only what affirms who we are. What remains is a vacuum of feeling – neither victory nor defeat, just unresolved tension.

For many, that tension is unbearable, so silence becomes self-protection. But silence has a cost.

A movement that cannot speak when conditions improve loses moral clarity. If the world only hears you when you’re angry, it stops listening when you’re right. The tragedy of the Free Palestine silence is not hypocrisy; it’s heartbreak. It reveals how thoroughly moral identity has replaced moral imagination.

To move forward, supporters must learn to celebrate small mercies without mistaking them for betrayal – to see progress not as perfection, but as proof that pain is finally being heard. Until then, the quiet will continue. Not because there’s nothing to say, but because joy, after so much rage, feels foreign on the tongue.

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House Republicans in battleground districts appear to be closing ranks as GOP leaders dig in on their government shutdown strategy, while the fiscal standoff shows no signs of slowing. 

Eight House GOP lawmakers whose seats are being targeted by Democrats in 2026 spoke with Fox News Digital this week. And while some shared individual concerns, they were largely united in agreeing with Speaker Mike Johnson, R-La., that Republicans should not renegotiate their federal funding proposal — and were confident that Americans are behind them.

‘The more people understand the math inside of the Senate, the more I would say Republicans are winning,’ said Rep. Rob Bresnahan, R-Pa., who defeated a moderate Democrat for his seat last year.

Rep. Jen Kiggans, R-Va., who also flipped her seat from blue to red, argued the results of the 2024 election show Americans ‘can see through a lot of the games that the Democrats have been playing.’

‘We’ve gotten to work with the demands of the American voters, and Democrats are still in disarray,’ she said.

Rep. Derrick Van Orden, R-Wis., said, ‘It’s a simple math problem. And the Democrat Party grossly underestimated the American public’s ability to understand math.’

For a House GOP conference that’s been plagued by historic levels of division in recent history — particularly over the issue of government funding — it has shown a notable display of unity amid the shutdown, with few exceptions.

The shutdown is poised to roll into next week after most Senate Democrats voted to block the GOP’s bill for a tenth time. 

Republicans put forward last month a seven-week extension of fiscal year (FY) 2025 funding levels, called a continuing resolution (CR), aimed at giving congressional negotiators more time to strike a long-term deal for FY2026.

But Democrats in the House and Senate were infuriated by being sidelined in those talks. The majority of Democrats are refusing to accept any deal that does not include serious healthcare concessions, at least extending COVID-19 pandemic-era Obamacare subsidies that are set to expire at the end of this year.

Several vulnerable Republicans who spoke with Fox News Digital pointed out they’re in favor of extending the Obamacare subsidies as well. Indeed, a majority of them are backers of a bipartisan bill to extend them for one year, led by Kiggans.

‘I think we would actually prefer to have … longer term than one year,’ said Rep. Ryan Mackenzie, R-Pa.

But Mackenzie also pointed out that House Minority Leader Hakeem Jeffries, D-N.Y., criticized the one-year bill, adding, ‘He already said ‘Absolutely not,’ so I don’t even know what their position is and what they’re asking for.’

Jeffries walked those comments back somewhat a day later, telling reporters that Democrats were willing to look at any good-faith offer.

Kiggans told Fox News Digital, ‘I care about that issue, certainly, you know, I had introduced that [Affordable Care Act] premium tax cuts extension.’

She added that Obamacare, formally called the ACA, and reopening the government are ‘two different issues, though’ that should be discussed separately.

The House Republicans who spoke with Fox News Digital, while largely supportive of discussing Obamacare subsidy reforms and extensions, were united in refusing to entertain Democrats’ demands to come back to the negotiating table on federal funding. All maintained, in some form, that the House did its job in passing the CR on Sept. 19.

‘We have a clean CR that would fund all of the programs — all of the federal employees, keep everything up and running through Nov. 21st, so that we can finalize FY2026 appropriations and address issues like healthcare. But you don’t do it at the barrel of a gun,’ said Rep. Mike Lawler, R-N.Y.

Lawler is one of three House Republicans who won in a district that President Donald Trump lost in 2024.

‘I think what the Democrats are doing here is creating a mess for the American people. And they’re not actually solving any of the problems,’ he said.

Mackenzie said, ‘It was a seven-week continuing resolution so that we could have time to have policy discussions on other issues that did need to be wrapped up by the end of the year. And we were on track to do that. And I think [Democrats] totally blew that process up.’

‘This is an unprecedented thing that Senate Democrats are doing, trying to add policy programs into the new continuity of funding bill,’ Rep. Tom Kean, R-N.J., the most vulnerable Republican in the Garden State, also said.

Both Lawler and Rep. Dave Valadao, R-Calif., warned that giving up a policy rider-free spending bill in favor of inserting partisan demands would create an unworkable new standard.

‘Holding the government office is never a good strategy. And if it becomes a successful way of negotiating … it’ll set a bad precedent for governing moving forward,’ Valadao said. ‘So this is an absolute no-go, should never be successful.’

Lawler said, ‘The reality is, the moment you start giving in on a clean CR and start giving in to demands, this will continue in perpetuity. Every time there’s a government funding lapse, you’ll have a group of people demanding something, and it will turn into a fiasco.’

Several of the battleground Republicans also praised Johnson and Senate Majority Leader John Thune, R-S.D., in the process.

Valadao told Fox News Digital, ‘I think they’re doing a good job. At least all the calls I’ve been on, the conversations I’ve had with my colleagues and, again, folks in the district, they all seem pretty confident that we’re doing the right thing.’

Lawler said Johnson had ‘handled it well,’ while Bresnahan said, ‘I would say, at least with members, they’re, you know, keeping very fluid conversations. We have daily or at least biweekly calls here as to what the messaging needs to be and what the conversations are.’

But there has been some dissent within the House GOP as the shutdown drags on.

Rep. Marjorie Taylor Greene, R-Ga., has criticized House Republican leaders for not announcing a plan on extending the Obamacare subsidies.

And Rep. Kevin Kiley, R-Calif., publicly ripped Johnson’s decision to keep the House out of session while the Senate considers the CR.

‘It is absolutely unacceptable to me and I think only serves further distrust,’ Kiley told MSNBC on Wednesday.

Notably, not all battleground House Republicans who spoke with Fox News Digital directly backed Johnson’s move — but none explicitly condemned it, either, and most blamed Senate Democrats for the holdup.

‘I’m kind of torn on that, because to come back and just be a part of the gimmicks that you see going on right now is not helpful,’ Valadao said. ‘Holding the government hostage is what’s the problem here.’

Kiggans, who said she’s lobbying for the House to vote on a standalone bill to pay both active duty and civilian members of the military, said, ‘I think we all want to get back to work. We know that we have work to do, but the ball’s in the court of the Senate Democrats and Chuck Schumer.’

Others more directly backed the move, however.

Kean told Fox News Digital that his staff were still busy in D.C. and in New Jersey trying to help constituents navigate the shutdown and other matters.

‘Any chance we can get back to our district, it’s always important that we listen to our constituents and hear their concerns,’ Kean said. ‘Right now, I 100% support the decision.’

Rep. Zach Nunn, R-Iowa, said it was ‘the right move.’

‘We should be with our district. I’m keeping all my district offices open despite nobody getting paid,’ Nunn said. ‘Coming back and having a theatrical debate is less effective than having a real conversation about how to get the government back open.’

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The gold price rose to repeated record highs during the third quarter of the year, breaking through significant milestones of US$3,700 and US$3,800 per ounce.

The price rises were fueled by several factors, including safe haven demand led by economic uncertainty as US tariffs continued to impact the broader economy, as well as falling interest rates following the US Federal Reserve’s 25-basis-point cut to its benchmark rate in September.

Additionally, a government shutdown provided even more momentum on September 29, as Democrats and Republicans failed to reach a funding agreement. It marked the first time in seven years that lawmakers were not able to close funding gaps, forcing a shutdown of most federal government offices.

The gold bull market has been a boon for gold producers following several years of increasing costs and smaller margins, and has also lifted gold exploration and development companies.

Data for this article was retrieved on October 1, 2025, using TradingView’s stock screener, and only companies with market capitalizations greater than C$10 million are included.

1. Talisker Resources (TSX:TSK)

Year-to-date gain: 390.63 percent
Market cap: C$204.34 million
Share price: C$1.57

Talisker Resources is a gold exploration and development company focused on advancing its flagship Bralorne gold project in British Columbia, Canada, towards production from the Mustang underground mine.

The brownfield project consists of the historic Bralorne mine complex, which hosts three past-producing mines: Bralorne, Pioneer and King. Throughout their lifetimes, these mines produced 4.2 million ounces of gold, but operations were halted in 1971 due to low gold prices.

A January 2023 resource estimate outlines an indicated resource of 33,000 ounces of gold from 117,000 metric tons of ore with an average grade of 8.9 grams per metric ton (g/t) gold, along with an inferred resource of 1.63 million ounces from 8 million metric tons of ore at 6.3 g/t.

On January 8, Talisker announced that its 2025 Mustang mine plan had been reviewed by inspectors from the BC Ministry of Mines and Critical Minerals, and on February 11, the company indicated that early-stage work at the site had begun and was on schedule. Further updates throughout the first and second quarters indicated that development was continuing, noting the blasting of a diamond drill bay on March 26 and the lateral development toward the Alhambra vein on April 9.

On July 30, Talisker reported that it entered into three definitive agreements with metals trader Ocean Partners, including two sales agreements, under which Ocean Partners will buy 100 percent of gravity and sulfide gold concentrates produced under Talisker’s current milling agreement. The third agreement makes Ocean Partners the exclusive agent for end-to-end transport of concentrates from the mill to international buyers.

The most recent update from the mine came on September 8, when Talisker announced that it had completed its first sale, selling 707 ounces of gold from Bralorne for US$2.3 million. The company stated that the sale marked a key milestone as it transitions from developer to active producer.

After climbing through Q3, shares of Talisker reached a year-to-date high of C$1.66 on October 6.

2. Troilus Gold (TSX:TLG)

Year-to-date gain: 347.46 percent
Market cap: C$504.70 million
Share price: C$1.32

Troilus Gold is advancing its namesake property in Northern Québec, Canada. The project is situated within the region covered by Plan Nord, a 25 year, C$80 billion development initiative focused on mining launched by the Government of Québec.

A May 2024 feasibility study for the Troilus project revealed financials with a post-tax net present value of US$884.5 million, an internal rate of return of 14 percent and a payback period of 5.7 years based on a gold price of US$1,975 per ounce.

The included mineral resource estimate reports a probable mineral reserve of 6.02 million ounces of gold from 380 million metric tons of ore at an average grade of 0.49 g/t gold. It also hosts probable copper and silver reserves of 484 million pounds and 12.15 million ounces respectively.

Troilus has spent much of 2025 raising funds for the project’s development. The most significant came on March 13, when the company executed a mandate letter for a non-binding term sheet to arrange a debt financing package of up to US$700 million. The package is underpinned by four letters of intent from global export credit agencies in late 2024 for up to US$1.3 billion in combined potential financing.

On June 18, the company entered into an offtake agreement for gold-copper concentrate with German smelting company Aurubis (OTC Pink:AIAGF,XETRA:NDA), and the two companies signed a memorandum of agreement on August 26, establishing terms for the long-term offtake deal.

On July 10, Troilus entered into another commercial offtake agreement for copper and gold concentrates, this time with global metals company Boliden.

According to Troilus, these offtake agreements will be executed in connection with the previously announced US$700 million in debt financing.

Shares of Troilus reached a year-to-date high of C$1.42 on October 6.

3. Euro Sun Mining (TSX:ESM)

Year-to-date gain: 300 percent
Market cap: C$72.47 million
Share price: C$0.18

Euro Sun Mining is a development-stage company advancing its Rovina Valley copper-gold project in Romania. The project’s mining license received full approval for 20 years in 2018, with the option to renew it in five year increments.

An updated feasibility study from March 2022 shows a post-tax net present value of US$512 million and an internal rate of return of 20.5 percent, assuming a base case gold price of US$1,675 and a copper price of US$3.75 per pound.

Proven and probable mineral reserve estimates for the site include 1.84 million ounces of gold and 197,522 metric tons of copper from 123.3 million metric tons of ore with an average grade of 0.47 g/t gold and 0.16 percent copper.

Shares of Euro Sun saw significant gains around the same time as a March 25 announcement that the EU included Rovina Valley on its first list of strategic assets. The inclusion, which Euro Sun applied for in May 2024, will enable the company to expedite permitting at Rovina Valley and shorten the development timeline.

On May 7, Euro Sun reported it met with Romania’s Minister of the Environment to discuss the advancement of the project. Both parties agreed that a single point of contact was needed to ensure compliance and fulfill requirements under the CRMA framework. The company plans to submit an updated environmental act in the near future.

On June 20, Euro Sun signed a copper concentrate prepayment facility for up to US$200 million with private metals trader Trafigura, with the funding going toward permitting and investment to advance Rovina over the next 18 months.

Then, on July 11, the companies entered into a definitive pre-development facility agreement, with Trafigura making a facility of up to US$2.5 million available to Euro Sun for general corporate purposes while negotiating the terms of the US$200 million prepayment facility.

Euro Sun and Trafigura also agreed to a binding offtake agreement for up to 100 percent of commercial production for nine years or until a specified quantity of metals is delivered.

Shares of Euro Sun reached a year-to-date high of C$0.235 on August 14.

4. Vista Gold (TSX:VGZ)

Year-to-date gain: 282.5 percent
Market cap: C$369.28 million
Share price: C$3.06

Vista Gold is a development company advancing its flagship Mount Todd project in the Northern Territory, Australia, to production. The site covers an area of 153,700 hectares and hosts two significant gold deposits, Batman and Quigley.

Vista Gold has invested more than US$110 million since it acquired the property in 2006, with expenses including more than 60,000 meters of drilling along with metallurgical testing. The company has also received environmental and operating permits to begin development at Mount Todd.

On July 29, Vista Gold released its feasibility study for Mount Todd evaluating near-term development of a smaller, 15,000 metric ton per day operation compared to the option in 2024’s feasibility study. The new report demonstrated strong project economics, indicating an after-tax net present value of US$1.1 billion, with an internal rate of return of 27.8 percent and a payback period of 2.7 years, assuming a gold price of US$2,500 per ounce.

Once complete, the mine is expected to produce an average of 146,000 ounces of gold per year over a 30 year mine life, with an average of 153,000 ounces of gold over the first 15 years.

Additionally, an included updated mineral resource estimate reports a measured and indicated resource of 9.12 million ounces of contained gold from the property, with an average grade of 0.83 g/t, derived from 340.43 million metric tons of ore.

Shares in Vista Gold spiked in September, reaching a year-to-date high of C$3.08 on September 19.

5. International Tower Hill Mines (TSX:ITH)

Year-to-date gain: 250 percent
Market cap: C$473.98 million
Share price: C$2.45

International Tower Hill Mines is an exploration and development company focused on advancing its Livengood gold property in Alaska, US.

The property, situated in the Tolovana Mining District, comprises multiple patented, state, and federal mining claims spanning an area of 19,546 hectares. Extensive gold exploration has been conducted at the site since the early 1900s, resulting in the production of more than 500,000 ounces of gold in the area.

A 2021 pre-feasibility study demonstrated a significant resource: The site hosts proven and probable reserves of 9 million ounces of gold with an average grade of 0.65 g/t gold from 430.1 million metric tons of ore.

The economic case suggested an after-tax net present value of US$45 million, with an internal rate of return of 5.3 percent and a payback period of 10.4 years, assuming a gold price of US$1,680 per ounce.

International Tower Hill Mines announced on March 4 that it had completed a non-brokered private placement for gross proceeds of US$3.9 million.

The funds were largely earmarked for a US$3.7 million work plan announced on March 12, with a significant focus on the metallurgical study of antimony mineralization in the stibnite at the Livengood gold project. The plan also includes advancing baseline environmental data collection and waste rock geochemical analysis to support permitting efforts, as well as community engagement.

Results from the metallurgical tests, released on September 4, indicated that the stibnite at Livengood also carried significant grades of antimony, with one assay sample submitted for revaluation returning a grade of 4.19 g/t gold and 2.75 percent antimony.

The company stated that the results warrant a further phase of test work to assess how the samples respond to flotation and determine the characteristics of any resulting concentrates.

Shares in International Tower Hill Mines reached a year-to-date high of C$2.60 on October 3.

Securities Disclosure: I, Dean Belder, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

The gold price continued to rise in Q3, breaking through key milestones to set new all-time highs.

Much like the first half of the year, the yellow metal was supported by ongoing factors like central bank buying, geopolitical tensions and uncertainty caused by US trade and tariff policies.

And it wasn’t just the price of gold that soared — higher margins and a more positive outlook for the sector helped drive increases in gold stocks. Read on for a look at gold’s Q3 activity and the outlook for Q4.

What happened to the gold price in Q3?

Gold has gained nearly US$1,400 since starting the year at US$2,658 per ounce on January 2.

By the beginning of Q3, gold had climbed to US$3,338.86, and it remained rangebound at that level for most of July and August. However, it climbed above the US$3,400 mark on July 22 and then again on August 6.

Gold price, July 9 to October 10, 2025.

The price started to gain traction at the end of August, after US Federal Reserve Chair Jerome Powell signaled a change in policy during his remarks at the Jackson Hole Economic Policy Symposium. By September 2, the gold price had broken through US$3,500 for the first time, and by September 8 it had climbed above US$3,600.

As the month wore on, gold continued its unprecedented climb. It broke through US$3,700 on September 22, US$3,800 on September 29 and reached its quarterly high of US$3,858.41 on September 30.

The price continued on its upward trajectory as the fourth quarter began, rising above US$3,900 on October 6, and finally setting a new record high of US$4,040.42 on October 8.

What’s driving gold demand?

Although there was a dip in central bank gold purchases in July, with just 10 metric tons added to reserves, the World Gold Council (WGC) reported that the buying trend that has developed over the past few years remains firm.

In August, central banks once again increased their gold acquisitions, purchasing a total of 19 metric tons. Overall, central banks bought 415 metric tons of gold in H1, bringing the 2025 total to 444 metric tons as of the end of August.

Although it appeared to pause its gold buying in August, the National Bank of Poland has been the top purchaser of gold in 2025, adding 67 metric tons. It has vowed to have 20 to 30 percent of its international reserves in gold.

The WGC notes that seven central banks boosted their reserves in August. Kazakhstan was the leading buyer, adding 8 metric tons to its holdings and bringing its year-to-date increase to 32 metric tons. Turkey, Bulgaria, China, Uzbekistan, Ghana, Indonesia and the Czech Republic each added 2 metric tons. Russia was the only seller in August, divesting itself of 3 metric tons of gold; the WGC suggests its reduction was owed to its coin-minting program.

It wasn’t just central banks buying gold. Western investors helped drive record exchange-traded fund (ETF) inflows of US$26 billion for the third quarter, with North American markets accounting for US$16.1 billion.

Total assets under management surged to US$472 billion, a 23 percent increase over the second quarter, with holdings rising to 3,838 metric tons, just shy of the 3,929 metric tons recorded in November 2020.

Why are investors interested in gold?

Mind Money CEO Julia Khandoshko suggested that geopolitics is a driving force behind gold’s record-breaking run, noting that tensions are high as the world becomes increasingly divided into “risk” and “stability” zones.

While geopolitics may be a primary factor, it’s far from the only one.

The third quarter saw declining yield curves, a weakening US dollar and a 25 basis point interest rate cut from the Fed in September, all of which added tailwinds to the gold price. Looking forward, the expectation is that the Fed will make further rate cuts before the end of the year, which could further fuel a rising gold price.

‘The history of the last hundred years shows that gold grows confidently at low rates. Combine this with stubborn inflation, and we can say with confidence that it will create more space for gold’s price rise,” Khandoshko stated.

Additionally, there is an expectation that a weaker US dollar will help to keep the price of gold elevated. So far this year, the US Dollar Index has declined 8 percent.

“The US dollar is a critical component to what happens to gold, because gold is denominated in US dollars, so the weaker the US dollar, the stronger the commodity price. What we’re expecting to see over the next 12 to 24 months is continued devaluation of the US dollar, which means gold should continue to be stronger going forward,” he said.

Among the recent drags on the dollar is fear of a prolonged shutdown of the US federal government after lawmakers failed to reach an agreement to continue funding government agencies and employees.

In the aftermath of the shutdown, the US Dollar Index posted its worst week since July. In an October 3 Reuters article, Thierry Wizman, monetary strategist with Macquarie, suggests that a prolonged shutdown could have a significant impact on trust in the federal government and further impact the strength of the greenback.

Gold price forecast for 2025

Hodaly sees the factors behind gold’s price rise remaining in place for the foreseeable future.

“We are expecting this could go much higher, at least 10 to 20 percent higher in the near term,’ he said.

‘Nothing has changed with the demand outlook for gold and the projected weakness of the US dollar, and that’s what’s going to drive the commodity price higher,’ added the executive.

Gold equities are also expected to benefit as the rising price boosts their margins and share prices.

Leading producers such as Agnico Eagle Mines (TSX:AEM,NYSE:AEM), Newmont (NYSE:NEM,ASX:NEM) and Barrick Mining (TSX:ABX,NYSE:B) have seen their share prices rise by over 100 percent in 2025.

The junior space has also been impacted, with PPX Mining (TSXV:PPX,OTC Pink:SNNGF) posting a year-to-date gain of 642 percent as of October 1, and San Lorenzo Gold (TSXV:SLG,OTC Pink:SNLGF) increasing 629 percent.

With gold now trading above US$4,000, the sector could attract renewed interest and offer new opportunities for investors. Those seeking to include gold or gold stocks in their portfolios might consider options ranging from the relative safety of ETFs and established producers to riskier assets at the development or exploration stages.

Securities Disclosure: I, Dean Belder, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

Questcorp Mining Inc. (CSE: QQQ,OTC:QQCMF) (OTCQB: QQCMF) (FSE: D910) (the ‘Company’ or ‘Questcorp’) is pleased to further update investors on its maiden drilling program at the La Union gold and silver project in Sonora, Mexico, which continues on track and on budget. The program is now two-thirds complete with initial and second holes now completed at four of the five main targets. This update follows the company’s Aug. 6, 2025, announcement marking the start of the program and Aug. 19, Sept. 10 and Sept. 24 news releases chronicling the progress of the program.

Saf Dhillon, President and Chief Executive Officer, states: ‘The drilling had started of a little slower and then was paused for unusually heavy rains. The initial plan was to drill 4 to 6 holes but, the Riverside team and their subcontracted drillers have been making substantial progress and we’re now at 7 completed holes with plans for another 2 to 5. In total, four of the five target zones have been drill tested with at least one hole.’

Two holes have now probed the Union mine target beneath historic workings, cutting through the Clemente and Caborca formations – both key host units for past mining at Union, encountering the distinctive microconglomeratic carbonate unit that historically hosted mineralization at the bottom of the Union mine.

Two holes have been completed at Famosa, testing the dip and strike extension of the mineralization in the historic workings as well as the foot wall and hanging wall of a steeply west-dipping major structural feature. Riverside select grab sampling from the Famosa dump retuned gold grade highlights of 59.4 g/t gold along with 833 g/t silver.

Two holes tested the North Union target and one tested the El Cobre target again probing beneath the historic workings for chimney and manto mineralization.

Additional holes are planned for all four of these targets, with one hole also planned for the El Creston Target.

Figure 1. Drill progress to 2025-Oct-09. Geologic map with the tenure of the Union internal concession shown in pink. Manto and chimney type CRD targets are shown as red polygons. Riverside now controls all mineral tenures on this map. 

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10197/270509_719d25609410fb43_001full.jpg

Questcorp cautions investors grab sample by their very nature are select samples and may not be indicative of mineralization on the property.

Initial drilling is also planned for newly generated targets to the west of the known mineralization trend. The target is feeder zones along pre-mineral fault structures.

Once this initial campaign is completed, follow-up work will integrate assay results, ongoing surface programs, additional induced polarization (IP) surveys, and refined geological interpretations based on stratigraphy and structure observed in drilling.

Figure 2. Cross section looking west with conceptual drill targets and schematic drillhole traces. Assays from Riverside’s sampling of rock dump materials from the two mine areas are labeled in black. Red areas are interpreted as manto and chimney target bodies that are now well defined and drill ready. Assays shown on figures 1 and 2 have been previously released and disclosed as summarized below the geochemical QA/QC and in published NI 43-101 Report that Questcorp published 2025 on Sedar+. 

To view an enhanced version of this graphic, please visit:
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Qualified Person & QA/QC:

The technical content of this news release has been reviewed and approved by R. Tim Henneberry’, P.Geo (BC) a Director of the Company and a Qualified Person under National Instrument 43-101.

Rock samples from previous exploration programs discussed above at the Project were taken to the Bureau Veritas Laboratories in Hermosillo, Mexico for fire assaying for gold. The rejects remained with Bureau Veritas in Mexico while the pulps were transported to Bureau Veritas laboratory in Vancouver, BC, Canada for 45 element ICP/ES-MS analysis using 4-acid digestion methods. A QA/QC program was implemented as part of the sampling procedures for the exploration program. Standards were randomly inserted into the sample stream prior to being sent to the laboratory.

About Questcorp Mining Inc.

Questcorp Mining is engaged in the business of the acquisition and exploration of mineral properties in North America, with the objective of locating and developing economic precious and base metals properties of merit. The company holds an option to acquire an undivided 100-per-cent interest in and to mineral claims totalling 1,168.09 hectares comprising the North Island copper property, on Vancouver Island, B.C., subject to a royalty obligation. The company also holds an option to acquire an undivided 100-per-cent interest in and to mineral claims totalling 2,520.2 hectares comprising the La Union project located in Sonora, Mexico, subject to a royalty obligation.

ON BEHALF OF THE BOARD OF DIRECTORS,

Saf Dhillon
President & CEO

Questcorp Mining Inc.
saf@questcorpmining.ca
Tel. (604-484-3031)

Suite 550, 800 West Pender Street
Vancouver, British Columbia
V6C 2V6.

Certain statements in this news release are forward-looking statements, which reflect the expectations of management regarding completion of survey work at the North Island Copper project. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. Except as required by the securities disclosure laws and regulations applicable to the Company, the Company undertakes no obligation to update these forward-looking statements if management’s beliefs, estimates or opinions, or other factors, should change.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/270509

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President Donald Trump on Wednesday announced federal law enforcement will next set its eyes on San Francisco, commending the FBI’s more than 23,000 violent criminal arrests, which he said is more than double the number arrested in the final year of the Biden administration.

During an Oval Office news conference at the White House, Trump said the FBI has ‘destroyed or severely disrupted’ more than 170 organized criminal enterprises and gangs, 1,600 of the most violent gangs, and confiscated more than 6,000 illegal firearms since he was sworn in.

He added he wants to make every city safe, and his focus has turned to San Francisco.

‘These are great cities that could be fixed,’ the president said. ‘I’m going to be strongly recommending … [we] start looking at San Francisco. I think we can make San Francisco one of our great cities. … It’s a mess, and we have great support in San Francisco. … Every American deserves to live in a community where they’re not afraid of being mugged, murdered, robbed, raped, assaulted, or shot.’

During the news conference, FBI Director Kash Patel announced ‘Operation Summer Heat,’ which the FBI created to target violent criminals, yielded 8,700 arrests of violent offenders in three months.

More than 2,200 guns and 421 kilograms of fentanyl seized during the operation—enough fentanyl to kill 55 million Americans, according to Patel.

To date, he said the FBI has seized 1900 kilograms of fentanyl—enough lethal doses to kill 127 million Americans alone to date.

‘If you look at the past four years of the Biden administration, [there were] 16,000, 17,000, 15,000, 15,000 … arrests year over year of violent felons in this country,’ Patel said. ‘You have 28,600 arrests of violent felons in just seven months alone because of your leadership and the dedication of the men and women at the FBI who want to go out there and do the job they were prevented from doing. … This number is historic by every metric.’

Patel also highlighted the FBI’s efforts to find missing children, claiming 5,400 were located since January.

‘That is a 30% increase year to date over the last administration,’ he said. ‘Violent crimes against children arrests alone are up 10% [and] gang arrests are up 210% in the last seven months alone. … Mr. President, you said we have to go after the worst of the worst. … This is just the beginning.’

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The State Department told Fox News that it is aware of reports Wednesday that two American tourists were attacked in a popular European seaside destination that local media and police said left one person dead and another wounded.

The alleged attack happened early Wednesday in Cascais, Portugal, a coastal resort town about 20 miles west of Lisbon. 

Video taken by Reuters showed blood stains on a sidewalk, where a stabbing had taken place during an attempted robbery, according to media reports.

A State Department spokesperson told Fox News Digital that the agency takes seriously its commitment to protect U.S. citizens abroad and stands ready to provide consular assistance. 

‘One of the young men died at the scene and the other suffered injuries to his face and arms and was taken to [a] hospital,’ the Portugal Resident newspaper cited the Lisbon Metropolitan Command police force as saying.

The attack was carried out by three suspects who fled the scene in a vehicle, the newspaper added.

Further details about the incident and the identities of the victims were not immediately available. 

This is a developing story. Please check back for updates. 

Fox News’ Nick Kalman contributed to this report.

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