Sources said a South Korean pension fund is conducting FX hedging operations to support the South Korean won.

现货黄金短线下挫20美元，最低至4311美元/盎司。

China's Financial Regulatory Administration (FRA) held an expanded party‑committee meeting to set near‑term priorities and drive high‑quality industry development. The FRA called for differentiated, complementary development across institution types and regionally tailored optimization of institutional footprints. It said it will press ahead with reducing the number of small‑and‑medium financial institutions while raising their operating quality. The regulator ordered a deep cleanup of disorderly competition in the financial sector, urging a shift from pursuing speed and scale to focusing on quality and efficiency to boost core competitiveness. It also pushed multi‑channel capital replenishment to strengthen financial institutions' capital positions and sustainability.