According to the Wall Street Journal: OpenAI CEO Sam Altman was part of the movement to prevent Trump from sending troops to San Francisco.

Domestic News: 1. Will the Chinese and US heads of state meet? Ministry of Foreign Affairs: China will release further information promptly. 2. The Central Committee of the Communist Party of China held a press conference this morning (24th) to introduce and interpret the spirit of the Fourth Plenary Session of the 20th CPC Central Committee. 3. China Securities Regulatory Commission: Efforts will be made to enhance the resilience and risk resistance of the capital market and strengthen the construction of long-term market stabilization mechanisms. 4. Domestic GPU manufacturer Muxi Co., Ltd.'s IPO on the Science and Technology Innovation Board (STAR Market) was approved by the Listing Committee, with plans to raise 3.904 billion yuan. 5. Xi Jinping will travel to South Korea to attend the 32nd APEC Economic Leaders' Meeting and pay a state visit to South Korea. 6. He Lifeng emphasized at a meeting within the financial system to study and implement the spirit of the Fourth Plenary Session of the 20th CPC Central Committee: Promote high-quality financial development and accelerate the construction of a financial powerhouse. 7. The Guangdong Provincial People's Government issued "Several Measures for Guangdong Province to Support the High-Quality Development of the Low-Altitude Economy," strengthening efforts to cultivate the listing of low-altitude economy enterprises. 8. The Central Bank: Maintaining the smooth operation of financial markets, including the stock, bond, and foreign exchange markets; a 900 billion yuan MLF operation with a one-year maturity will be conducted on October 27. International News: 1. US CPI - ① September CPI data fell short of expectations across the board, leading traders to bet on two more Fed rate cuts this year. ② Following the data release, spot gold prices briefly surged over $30, the US dollar index plummeted over 30 points, and US Treasury yields fell. ③ White House National Economic Council Director Hassett: The data was "excellent," inflation is slowing, and pressure on the Federal Reserve is easing. ④ The White House: Inflation data may not be released next month, a first in history. 2. The United States dispatched the USS Ford aircraft carrier strike group to the Caribbean. 3. Trump: The stock market is stronger than ever due to tariffs. 4. According to Nikkei: Japan and the United States will sign a memorandum of understanding on technical cooperation during President Trump's visit to Japan next week. 5. The United States has imposed sanctions on Colombian President Petro Petro for drug trafficking. The U.S. Embassy in Colombia is temporarily closed. 6. The United States announced the termination of all trade negotiations with Canada. Canadian Prime Minister Carney stated that the United States stands ready to restart trade negotiations when the United States is ready. 7. Bank of America, citing EPFR data, reported that gold funds saw their largest weekly inflows ever in the week ending Wednesday; annual inflows into gold and bonds are likely to reach record highs.

The world's largest gold ETF SPDR Gold Trust held 1,046.93 tons, down 5.44 tons from the previous trading day.