Indian gold ETFs have narrowed their losses, with the HDFC Gold ETF currently down 7% and the SBI Gold ETF down 6%, after both falling more than 10% previously.

Domestic News: 1. The Ministry of Public Security publicly solicits opinions on the Law on the Prevention and Control of Cybercrime. 2. Wang Xiangxi, Secretary of the Party Committee and Minister of the Ministry of Emergency Management, is under investigation. 3. Xiaomi Auto: In January 2026, Xiaomi Auto delivered more than 39,000 vehicles. 4. National Bureau of Statistics: The manufacturing PMI in January was 49.3%, down 0.8 percentage points month-on-month. 5. 2025 data for China's shipbuilding industry was released, with three major indicators continuing to lead globally. 6. The Southern Theater Command of the People's Liberation Army organized combat readiness patrols in the territorial waters and airspace of Huangyan Island and surrounding areas. 7. Xi Jinping: Leverage comparative advantages, adhere to the principle of seeking progress while maintaining stability, and continuously promote new breakthroughs in the development of my country's future industries. 8. Qiushi magazine published an important article by General Secretary Xi Jinping entitled "Taking the Path of Financial Development with Chinese Characteristics and Building a Financial Power." 9. The Beijing Economic-Technological Development Area Management Committee issued the "Implementation Plan on Further Accelerating the Construction of a City of Artificial Intelligence (2026-2027)." International News: 1. Trump says he is in talks with Iran. 2. CME raises margin requirements for gold, silver, platinum, and palladium futures. 3. The US federal government enters a technical, partial shutdown. 4. Indonesia's financial regulator appoints interim and executive heads. 5. Trump announces nomination of Brett Matsumoto as the new director of the Bureau of Labor Statistics. 6. Sources say talks between Russia and the US have begun in Miami. 7. SpaceX applies to deploy one million satellites to build an orbital AI data center network. 8. According to Interfax: Russia lifts its ban on gasoline exports to producers. 9. Jensen Huang: Will definitely participate in this round of investment in OpenAI, potentially the largest investment in the company's history. 10. Federal Reserve Chairman nominee Warsh is reportedly involved in the Epstein case; US Commerce Secretary Lutnick reportedly visited Epstein's private island. 11. South Korean customs: South Korea's semiconductor exports rose 102.7% year-on-year in January, reaching $20.5 billion, marking the second consecutive month exceeding $20 billion. 12. An explosion occurred in a building in southern Iran. The Iranian Islamic Revolutionary Guard Corps denied rumors of an assassination attempt on Navy Commander Donsiri; two Israeli officials stated that Israel was not involved in the Iranian explosion.

Nvidia CEO Jensen Huang: OpenAI has invited us to invest up to $100 billion. Investing in OpenAI has never been a promise. We will invest step by step.