Asian session spot gold and silver rose after U.S. midterms as U.S. Treasury yields fell, lifting demand for precious metals. ANZ said in a research note that lower yields typically support gold because it is a non-yielding asset, but analysts added markets expect a Democratic win would tighten the U.S. fiscal outlook, which could erode gold’s support over the longer term. Spot gold was up over 1.7% intraday at $4,130/oz.

People familiar with the matter said the UAE is considering a third oil export pipeline to route crude outside the Strait of Hormuz to substantially reduce reliance on the waterway. The sources said ADNOC is assessing a feasibility study for a line from the UAE's west coast to the east‑coast port of Fujairah, which could be opened to third‑party use and would complement existing pipelines and another line due to enter service next year, improving the UAE’s ability to supply customers if Hormuz shipments are disrupted. The plan is not final and route and other details may change; some sources said ADNOC has briefed certain Asian customers. An ADNOC spokesman told Bloomberg the report is not true and is pure speculation.

日本央行9月會議紀要：內閣代表稱，日本央行可能有必要將其中性利率預估納入考量。