🥇 Gold traded around $4,674 an ounce Monday, up more than 5% in a week and roughly 15% in a month. U.S. debt worries keep driving the bid — and Bessent just named gold one of five sectors subject to secondary sanctions, a direct shot at Iran's favorite workaround for moving money.
🔽 Temu parent PDD Holdings slid 1.5% after a tepid second quarter. Revenue rose 8% to $16.6 billion, but adjusted net income fell 13% to $4.2 billion as the company keeps spending heavily on merchant support and its global push against a tough tariff backdrop.
$GOLD.US
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🔽 Temu parent PDD Holdings slid 1.5% after a tepid second quarter. Revenue rose 8% to $16.6 billion, but adjusted net income fell 13% to $4.2 billion as the company keeps spending heavily on merchant support and its global push against a tough tariff backdrop.
$GOLD.US
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