Spot gold surged 1.20% to $4,154.39 per ounce and silver rose 1.94% to $56.70 as the US Treasury safe-haven trade regained momentum ahead of the market open. The 10-year Treasury yield dropped 10 basis points to 5.08% as investors sought safety, while US stock index futures remained mixed with Dow futures up 0.35%, S&P 500 down 0.31%, and Nasdaq 100 sliding 1.25%. In tech developments, TSMC projected 2026 capital expenditure between $60 billion and $64 billion, citing AI agent CPU demand that far exceeds current supply capacity. Apple confirmed its Intelligence platform integrated with Alibaba’s Qwen model has been approved for a test release later this month, though Siri AI will not be included. Meanwhile, credit risk concerns intensified for AI cloud provider CoreWeave as its five-year CDS spread breached 1,000 basis points, signaling growing market anxiety over its debt repayment capabilities.