Markets News

Global gold demand hits record high in Q2, Microsoft's market value briefly surpasses $4 trillion!

Global gold demand hits record high in Q2, Microsoft's market value briefly surpasses $4 trillion!

· EU spokesperson: European wines and spirits will face a 15% US tariff from August 1 until a new agreement is reached. This news is negative for European wine producers and related stocks. · World Gold Council: Gold demand surged to a new record of $132 billion in the second quarter, with global official gold reserves increasing by 166 tons. This news is bullish for gold. · Trump sent letters to 17 global pharmaceutical giants, urging them to significantly reduce drug prices in the United States. This news is bullish for the U.S. pharmaceutical industry and related stocks.

TOPONE Markets Analyst
2025-08-01 09:37:28
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