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Precious metal futures contracts fell sharply in the short term, with Shanghai gold futures contract 2608 down 1.45%, currently trading at 879.26 yuan/gram. Shanghai silver futures contract 2608 down 2.11%, currently trading at 14,120 yuan/kilogram.

2026-07-13

Precious metal futures contracts fell sharply in the short term, with Shanghai gold futures contract 2608 down 1.45%, currently trading at 879.26 yuan/gram. Shanghai silver futures contract 2608 down 2.11%, currently trading at 14,120 yuan/kilogram.

Other News
2026-07-13

Iran's Foreign Ministry spokesman said the presence of US forces over the past four months has caused turmoil and insecurity in the region and that Tehran hopes regional states will draw lessons.

Iran's Foreign Ministry spokesman said the presence of US forces over the past four months has caused turmoil and insecurity in the region and that Tehran hopes regional states will draw lessons.
2026-07-13

Morgan Stanley strategists say the US equity rally should broaden beyond tech giants as this earnings season delivers strong results across other stocks. The team led by Michael Wilson says the median S&P Composite 1500 constituents currently has EPS

Morgan Stanley strategists say the US equity rally should broaden beyond tech giants as this earnings season delivers strong results across other stocks. The team led by Michael Wilson says the median S&P Composite 1500 constituents currently has EPS growth above 10%, the strongest reading since the post-pandemic recovery. Analysts are raising profit forecasts for consumers discretionary and transportation, both closely tied to economic growth. "We expect market breadth to continue widening as median-stock earnings resilience drives the rally." Q2 earnings season begins Tuesday with large banks reporting first. Compiled data show analysts expect S&P 500 company profits to rise about 23% YoY, one of the strongest stretches outside recoveries after major recessions.
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