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Global News Update: February 3, 2026
Several significant events unfolded globally as of February 3, 2026, ranging from economic volatility to political developments and humanitarian crises.
In the financial sector, sellers of precious metals were cautioned about market volatility. According to BBC Business, gold, silver, and platinum prices experienced a "rollercoaster," with prices slumping after reaching near all-time highs. Experts warned sellers to be careful of being "ripped off" due to the unpredictable nature of commodities trading. Brian Leonard, who sold a silver plate at Hatton Garden Metals in London, was among those navigating the fluctuating market.
Bangladesh is gearing up for elections on February 12, with political parties making promises to attract voters. Al Jazeera reported that job creation, cash incentives, and loans are key pledges being made to the electorate. Mohaiminul Rafi, a civil service exam aspirant, is closely following the promises made during election campaigning.
The Rafah crossing between Gaza and Egypt saw limited reopening, but the process was "not straightforward," according to Sky News. Despite assurances from Israeli authorities that the crossing was open, only a handful of people in need of urgent medical attention were able to cross into Egypt. Adam Parsons, Middle East correspondent for Sky News, noted the difficulties encountered in reopening the crossing for civilians.
Euronews provided a general news bulletin covering top stories from Europe and beyond, including updates on world events, business, entertainment, politics, culture, and travel.
The Guardian highlighted the environmental devastation in the Pantanal region of South America. A photo essay by Lalo de Almeida, documenting the wildfires, was recognized at the World Press Photo contest. De Almeida's work, including "Pantanal Ablaze," captures the impact of the fires on the South American wetland.
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