Shanghai Gold Exchange (SGE) Gold T+D closed down 1.88% at 948.5 yuan/gram on Monday, Sept. 7. SGE Silver T+D closed down 1.70% at 15,970 yuan/kg.

ABC News: U.S. Energy Secretary Wright said on Sunday a nuclear deal with Iran may not be achievable in the near term and the U.S. may need to take military action to address threats from Tehran. Wright said, There may not be a nuclear deal, and it may come down to destroying their ability to carry out a nuclear program. He added a deal might have to wait until Iran’s next government takes office and that the timing is uncertain.

At its 2026 interim results meeting Kede CNC said its large-aircraft project has been launched and is now in equipment R&D, process validation and standards development. The firm reports trial machining and pilot-scale verification of typical parts for multiple domestically controlled aircraft types are underway; overall progress meets expectations and the next steps are completion of validation and standards construction.