Spot silver fell 1% on the day, currently trading at $49.28 per ounce.

U.S. Treasury aims to provide liquidity via repo operations, targeting $70 bln this quarter.

Domestic News 1. PBOC Governor Pan Gongsheng: Maintaining the stable operation of financial markets such as stocks, bonds, and foreign exchange. 2. The PBOC conducted a 100 billion yuan securities, fund, and insurance company swap operation today, with a winning bid rate of 10 basis points. 3. Guangdong Provincial Development and Reform Commission issued the "Implementation Plan for Expanding Consumption in Guangdong Province," accelerating the development of "artificial intelligence + consumption." 4. Foreign Ministry responds to reports that "Nvidia requires its partners to provide at least 51% of their services to non-Chinese companies": We have always believed that all parties should cooperate in accordance with the principles of fairness, transparency, and non-discrimination. International News 1. Trump is optimistic about the midterm election results: They will be better than expected. 2. The US Department of Justice will deploy approximately 1,000 election monitors and observers in all 50 states. 3. Ukrainian President Zelensky confirmed that Ukraine, Russia, and the United States will hold a meeting in Abu Dhabi from November 10th to 11th. 4. Middle East Situation ① Informed officials: The US and Iran are expected to respond to new negotiation proposals within 36 hours. ② Sources: Both the US and Iran have made concessions on the nuclear issue and frozen assets. ③ Trump: If we decide to take action, we can still launch further strikes against Iran. ③ Iranian President Pezechzian: The Supreme Leader has allowed consultations on "non-negotiable" issues. ④ Iran's Supreme Leader: "Outsiders" who greedily commit evil in the Persian Gulf have no place to go but to sink into the depths of the Persian Gulf. ⑤ Iranian Foreign Ministry Spokesperson Baghae: Qatar and Pakistan are continuing to mediate negotiations between Iran and the United States. ⑥ Tasnim News Agency: The Iranian Revolutionary Guard claims to have shot down two "Lucas" drones in the Bandar Hamir coastal area. ⑦ Mohsen Rezaei, Secretary of Iran's Supreme National Security Council: The US response to Iran's rights and demands lacks persuasiveness.