Spot gold fell further after U.S. nonfarm payrolls, sliding about $40 intraday to $4,409.73 per ounce. The dollar index (DXY) rose 14 points to 99.56, its highest level since April.

On June 5, 2026 China's Vice President Han Zheng addressed the plenary of the 29th St. Petersburg International Economic Forum and set out four global-governance proposals: uphold genuine multilateralism with equal participation and decision-making and strengthen developing countries’ representation; defend international fairness by protecting the UN’s authority and opposing double standards and selective application of international law; promote shared development through full implementation of the UN 2030 Sustainable Development Agenda, citing China’s upcoming informal APEC leaders’ meeting as a vehicle to build an Asia‑Pacific community to spur regional and global growth; and enhance policy coordination among states, international organizations and multilateral institutions to deliver tangible results on global challenges.

China A-share baijiu sector firmed in early trade; Jiugui Liquor rose more than 6%, Shuijingfang gained over 4%, Huangtai Liquor and Shede Spirits also advanced.