At the start of the Nov. 10 evening session on the Shanghai Gold Exchange, gold T+D rose 0.2% to 882.7 yuan/gram, while silver T+D fell 1.46% to 12,531 yuan/kg.

China A-share power-grid equipment sector traded higher on volatility; Hangzhou Kelin jumped over 10%, with Daye Intelligent, Zhiyang Innovation, Songsheng, Beijing Kerui, Jiangsu Huachen and Dalian Electric Porcelain also rising.

Huawei said it will hold an on-site trial launch for a new storage system on Nov. 12 in Yunshangtun, Gui'an, Guizhou, marking the technology's entry into joint real-world validation. Huawei said the Agentic AI era is driving explosive growth in warm and cold AI datasets and that traditional storage struggles to balance cost, power consumption and efficiency. The company said it has developed a new storage architecture that deeply integrates magnetic and electronic technologies to address warm/cold storage bottlenecks and support long-term preservation of massive datasets.