China's Ministry of Commerce (MOFCOM) and six other ministries issued implementation guidelines to expand and upgrade goods consumption.

New York gold futures fell 1.00% intraday to $4,459.00/oz.

Feinan Resources’ upgraded 4N7 fine-indium project has entered mass production and produced initial 99.997% (4N7) indium ingots. High-purity indium requires high technical barriers and few Chinese firms have scalable, stable production. The company is positioning indium as a strategic "compute metal" as AI-driven demand for high-speed optical modules lifts need for indium phosphide substrates. Global indium ore grades are declining and mining costs rising; indium prices rose from ~2,500 yuan/kg in 2023 to ~5,300 yuan/kg in August 2026, nearly doubling.