Spot gold has rebounded more than $70 from its post‑CPI low, rising above $4,360/oz after earlier falling to around $4,290/oz.

At a Thursday midterm rally, Trump mocked Texas Attorney General Ken Paxton’s dress, manner of speaking and appearance and — apparently in error — referred to him as a Republican Senate candidate ahead of November’s contest. Trump nonetheless called Paxton the state’s greatest attorney general in history; Paxton laughed.

Iran Foreign Ministry spokesman Baghaei said a meeting of Gulf coastal states will be held in Oman next Monday, with Iran, Iraq and other littoral states attending. Participants will discuss results of Iran-Oman negotiations on establishing a commercial shipping security corridor through the Strait of Hormuz; Baghaei referenced an earlier agreement on a temporary transit corridor. He said Iran is committed to actions to ensure Hormuz shipping security but warned security cannot be guaranteed as long as US aggression and illegal interference, including maritime blockade and economic warfare, continue.