Spot gold rose 2.00% intraday to $4,159.04/oz.

South Korean prosecutors launched forced searches of seven petrochemical firms on suspicion they colluded to fix prices of polyvinyl chloride (PVC), plasticizers and other products by exploiting the Middle East war, local media report. The Fair Trade Investigation Division of the Seoul Central District Prosecutors' Office conducted dawn raids on the morning of the 5th at the premises of LG Chem, Hanwha Solutions, Aekyung Chemical, OCI, Lotte Fine Chemical, PKC and UNID on suspicion of violating the Fair Trade Act, legal sources said.

The Ministry of Finance today (5th) issued the fourth 2026-series renminbi government bond in the Hong Kong SAR, size CNY15 billion.