Gold and silver prices fell sharply by 6. 3% and 8.7% respectively, after reaching record highs last week. Shares of gold mining companies also fell.
The National Bank set the official dollar exchange rate at 41. 74 hryvnias, which is 1 kopeck less than on Tuesday. The official euro exchange rate is 48.47 hryvnias, down by 19 kopecks.
Law enforcement officers detained a woman who, under the pretext of a "cleansing ritual," defrauded a Kyiv resident, taking possession of her valuables. The perpetrator faces up to three years in prison.
The US stock market is showing growth, approaching historical highs, as companies begin to report summer earnings. Shares of General Motors, RTX, Danaher, and Coca-Cola exceeded analysts' expectations, while some tech giants, such as Alphabet, are showing declines.
The Louvre curator estimated the economic damage from the theft of eight pieces of jewelry from the museum last Sunday at 88 million euros. Paris prosecutor Laura Becqua expressed hope that the perpetrators would not decide to melt down the jewels.
622 legal entities and 855 individual entrepreneurs are engaged in the production of jewelry.
A series of audacious museum thefts in Europe, including the Louvre heist, has shown that stolen items are quickly melted down or sold on the black market. Experts note that a lack of investment in security turns even the most famous collections into easy prey, and the chances of recovering stolen goods intact are almost zero.
Gold prices fell on Tuesday after hitting a record high, as investors took profits amid expectations of a Fed interest rate cut. The spot price of gold fell by 0.3% to $4,340.29 per ounce.
It took the criminals only a few minutes to steal nearly a dozen precious exhibits from the Louvre. French authorities promise that the priceless treasures will be found and the culprits punished.
The French Interior Ministry stated that the Louvre robbery on October 19 lasted seven minutes. The perpetrators gained entry from outside using a lift and stole priceless jewelry.
Spot gold price rose 0. 8% to $4359.31 per ounce, reaching a record high of $4378.69. Gold futures rose 1.6% to $4372.10.
In Kharkiv region, a morgue employee was detained for appropriating gold jewelry and personal belongings of fallen soldiers. The police are identifying all victims and checking for other possible cases.
On October 11-12, the Polish Open International Karate Grand Prix Tournament took place in the southern city of Bielsko-Biala, with more than 2,700 karateka from 33 countries around the world.
Hollywood stars Tom Cruise and Ana de Armas ended their romantic relationship after nine months but remain friends. The couple realized that "the spark was gone" and decided to stop dating.
Spot gold prices rose to $4,237. 87 per ounce, while US gold futures reached $4,252.59. The price increase is supported by expectations of a Fed rate cut and escalating trade tensions between the US and China.
Supermodel Bella Hadid returned to the Victoria's Secret 2025 show after a six-year hiatus, showcasing two looks. She was joined by Gigi Hadid, former "angels" and new faces, as well as musical performers.
Italian newspaper Tuttosport has published a list of 25 nominees for the Golden Boy 2025 award. The list includes 20 players from the Golden Boy Index and 5 Wild-cards, the winner will be determined in November.
At least 14 people have died as a result of a gold mine collapse in southern Venezuela. The tragedy occurred due to heavy rains over several days.
An inspector of the Lviv customs office was detained for extorting 15,000 US dollars for the unhindered import of jewelry brands Cartier, Van Cleef and Hermes without paying duties. He has been notified of suspicion and suspended from office.
On Tuesday, October 14, gold prices rose to a new record high above $4,100 an ounce. This happened due to renewed tensions between the US and China, which sparked a rush for safe-haven assets.
