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New York gold futures touched $4,350 per ounce, up 0.38% on the day.

2026-09-16

New York gold futures touched $4,350 per ounce, up 0.38% on the day.

Other News
2026-09-15

Alipay, Meituan Finance, Douyin and JD Baitiao denied reports that monthly-installment payment options will be delisted from standard checkout or moved to a separate zone payment after Sept. 30. Alipay said Huawei services are operating normally and

Alipay, Meituan Finance, Douyin and JD Baitiao denied reports that monthly-installment payment options will be delisted from standard checkout or moved to a separate zone payment after Sept. 30. Alipay said Huawei services are operating normally and will comply with national regulations, with any changes reflected on the Alipay page; Meituan Finance and Douyin said their monthly-pay products are currently available and display will follow app pages; JD Baitiao said its service is operating normally with no plan to withdraw the payment option.
2026-09-15

Yangtze Memory Technologies (YMTC), China’s largest NAND flash maker, has begun connecting production equipment at its Wuhan third wafer fab (FAB3), and preliminary operations could start before year-end as commissioning enters final stages. State co

Yangtze Memory Technologies (YMTC), China’s largest NAND flash maker, has begun connecting production equipment at its Wuhan third wafer fab (FAB3), and preliminary operations could start before year-end as commissioning enters final stages. State contractor China Electronics Corporation (CEC) subsidiary China Electronics System Engineering Second Construction Co. has started selecting builders for the “gas” segment of the FAB3 secondary piping A‑zone B‑package project; the secondary piping work links plant utilities (gas, water, etc.) to individual production tools, a step toward full tool readiness. The tender requires bidders to have YMTC, CXMT or equivalent 12‑inch fab construction experience. Market takeaway: the new capacity is unlikely to trigger near‑term NAND oversupply, but expanding domestic output and share could heighten competition for incumbent NAND vendors over the medium term.
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