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Spot gold jumped over $100 intraday to $4,487.56/oz, up 2.28%.

2026-09-03

Spot gold jumped over $100 intraday to $4,487.56/oz, up 2.28%.

Other News
2026-09-03

The Fed's Beige Book said US economic activity expanded modestly since early July; 10 of 12 districts reported slight-to-moderate growth and two were flat. Consumer spending edged up but price sensitivity increased; high-end consumption remained firm

The Fed's Beige Book said US economic activity expanded modestly since early July; 10 of 12 districts reported slight-to-moderate growth and two were flat. Consumer spending edged up but price sensitivity increased; high-end consumption remained firm while auto sales weakened amid softer confidence, higher gasoline prices and rising financing costs. Manufacturing rebounded in most districts, with several citing strong defense- and data-center-related orders. Employment growth slowed, with overall payrolls only slightly higher; labor demand was stronger in manufacturing and construction but weaker in retail and hospitality. Most districts reported moderate price increases, with cost pressure from energy, transportation, raw materials and tariffs. Firms expect a generally positive near-term outlook but flagged uncertainty from energy prices, policy and international conflicts.
2026-09-03

Wuhan’s science and technology bureau said on Sept. 3 it has optimized 1.47 mln sqm of underused space around dense university districts, established three Hubei laboratories and three major scientific infrastructures, and clustered about 80 universi

Wuhan’s science and technology bureau said on Sept. 3 it has optimized 1.47 mln sqm of underused space around dense university districts, established three Hubei laboratories and three major scientific infrastructures, and clustered about 80 universities/research institutes and 27,000 tech firms. The city will encourage municipal SOEs to reactivate idle parks, aging office buildings and shopping complexes into standardized incubation facilities to bolster innovation and entrepreneurship infrastructure.
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