Ministry of Commerce: Implementing export controls on rare earths is in line with international common practices, and a certain number of compliant applications have been approved in accordance with the law
China and the US will hold the first meeting of the economic and trade consultation mechanism; the central bank has increased its gold reserves for seven consecutive months
PBOC increased its gold reserves for the seventh consecutive month, up 60,000 ounces MoM.
US Stock Market Close: Non-farm Payrolls Data Exceeds Expectations, All Three Major Indexes Rise Over 1%, S&P 500 Returns to 6,000 Points
US non-farm payrolls data for May slightly exceeded expectations, reinforcing the US Fed's "wait-and-see" stance.
