Islamic Republic News Agency (IRNA) reports Iran's president will visit Iraq on July 7.

HKEX said its US-dollar gold futures recorded 6,676 contracts in the daytime session, a record above the prior high of 3,039 contracts on 7 Nov 2022. Active-month bid-ask spreads tightened to 1–2 ticks; the August contract traded as tight as $0.01 (one tick), the December contract at two ticks. HKEX said product-optimization measures drew banks, securities firms, high-frequency traders, trading houses, gold producers and gold-consuming companies. The exchange called the move part of efforts to expand its gold product suite and deepen a multi-asset ecosystem to support Hong Kong’s development as an international gold trading and storage center.

China A-share organosilicon sector rallied in early trade. Dongyue Silicones jumped over 10%; peers Chenguang New Materials, Xinyaqiang, Huitian New Materials, Hongbo New Materials and Jianghan New Materials also advanced.