上海黄金交易所黄金T+D 11月12日（周四）早盘盘初下跌1.34%报858.04元/克； 上海黄金交易所白银T+D 11月12日（周四）早盘盘初下跌0.75%报12430.0元/千克。

Moody's projects global growth will slow from 2.8% in 2025 to 2.6% in 2026 and remain near that pace in 2027-28. Advanced economies are forecast to expand about 1.7% next year; emerging markets’ growth is expected to slow from 4.5% in 2025 to roughly 4% by 2027. With oil near the upper end of a $90-110 per barrel range, Moody's expects headline inflation to ease and oil prices to begin declining from mid-2027. Central banks are likely to opt for limited rate hikes rather than a sustained tightening cycle. Hyperscale cloud providers’ capex should remain around $1tn next year, but growth should slow from roughly 100% this year to about 25% next year, reducing its GDP support.

Sources said Indian customs have detained dozens of bulk Scotch whisky consignments from Pernod Ricard and Diageo after demanding payment of a 150% duty. Importers had incorrectly claimed preferential treatment under the India-UK trade agreement. India's finance and commerce ministries are holding talks to resolve the dispute.