WTI crude oil futures settled at $86.85 a barrel, down $3.98 or 4.38%.

China Telecom says its self-developed Star Super Agent, TeleAgent, has been upgraded to V3.0 and is rolling out a nationwide agent + cloud PC model. The release upgrades multi-end collaboration, memory synchronization, office ecosystem and enterprise services, enabling cloud-based execution of agent tasks such as 3D modeling, document processing, code generation and video editing.

Strong October US nonfarm payrolls and a slight fall in the unemployment rate have reinforced market bets on a December Fed rate hike, keeping the dollar bid and extending last week’s pullback in gold. After a 0.4% drop on Friday, gold is trading around $4,060/oz. Early-November US consumer confidence rose to a three-month high. Markets face another jobs report and a full slate of inflation releases before the December FOMC; persistently high energy prices are seen supporting headline inflation and prospects for further tightening. Vantage Global Prime analyst Hebe Chen says post-midterm volatility in gold reflects two opposing forces: sustained safe-haven demand versus a stronger dollar capping gains.