Gold and silver rose in early trading amid optimism over a potential US-Iran agreement to end the conflict. Precious metals continued to draw support from investor demand and central bank buying. Konstantinos Chrysikos said the broader backdrop for bullion remains constructive as ongoing central bank purchases continue to support longer-term demand.

Huawei Technologies said it has developed a new chip design principle called the “Tau Scaling Law,” also referred to internally as “Her’s Law,” aimed at advancing semiconductor performance beyond the limits of Moore’s Law. Speaking at the 2026 IEEE International Symposium on Circuits and Systems in Shanghai, Huawei semiconductor chief He Tingbo said the approach could reduce signal delay and improve transistor density to sustain gains in computing power. Huawei said the first Kirin chip based fully on the new design method will be used in a flagship smartphone launching this year, and that the company could reach 1.4-nanometer chip capabilities by 2031.

Iran Denies Link Between Frozen Assets Release And Export Of Enriched Uranium; Demands Immediate Full Access To Partially Frozen Assets Upon Any Deal; No Final Agreement With US, Key Differences Persist After Indirect Talks Via Pakistan; Iran Will Retain Leverage If US Fails To Deliver