現貨黃金失守4050美元/盎司，日內跌幅0.25%。

The EU and India formally launched negotiations for Indian participation in the EU flagship research programme Horizon Europe, aiming to complete talks by year-end; the move is separate from an expected milestone free-trade agreement due to take effect next year. The Horizon Europe programme totals 95.5 bln euros; if approved, Indian universities, research institutes and companies would be eligible to join joint projects with European partners. The partners also agreed to establish an EU‑India EV charging technology and testing innovation centre; start an EU‑India startup partnership focused on deep‑tech cleantech; and deepen cooperation on semiconductors, high‑performance computing, quantum technologies, AI, 6G, agri‑food, active pharmaceutical ingredients and clean‑energy technology value‑chain resilience.

BHP said Q4 metallurgical coal production was 5.7 mln t, up 10% YoY; thermal coal production was 4.2 mln t, up 3% YoY.