If the 10-year US Treasury yield continues to rise towards the next support level around 5.2%, gold prices will remain under pressure. However, rising inflation expectations may offset this negative impact. Click to view...

Domestic News: 1. 2026 summer movie box office surpasses 7 billion yuan. 2. Changxin Technology's LPDDR6 nears completion of R&D verification. 3. Southern Theater Command organizes joint sea and air exercises in the territorial waters and airspace of Huangyan Island and surrounding areas. 4. Joseph Tsai and his wife end their nearly 30-year marriage; his business empire and football team equity remain unchanged. 5. Spokesperson for the Ministry of Commerce answers reporters' questions regarding the US adding Chinese companies to the so-called Xinjiang-related bill's entity list. 6. July sales figures for emerging electric vehicle manufacturers released: BYD sales exceed 410,000 units, setting a new record; Leapmotor surpasses 100,000 units. 7. The "Huangyan Island National Nature Reserve Management Measures" are officially issued, establishing a daily patrol system for the Huangyan Island reserve. 8. The National Healthcare Security Administration holds a mid-term progress meeting on the national special campaign to address outstanding issues in the management of medical insurance funds. 9. July performance reports for emerging electric vehicle manufacturers are released: BYD surpasses 410,000 units, setting a new record, while Leapmotor breaks the 100,000 mark. International News: 1. The Pentagon plans to allocate over $10 billion to purchase interceptor missiles. 2. Several semiconductor factories on Japan's Silicon Island remain shut down due to the strong earthquake. 3. The Danube River's water level continues to drop, and the Pakše nuclear power plant in Hungary will be completely shut down. 4. South Korea's July exports surged to the second highest on record, with semiconductor exports increasing by nearly 180% year-on-year. 5. Japan's Ministry of Finance: Monetary authorities have a wide range of tools to address market liquidity needs. 6. Trump Media launches Truth API, offering "early access" for a monthly fee of $100,000, targeting primarily high-frequency trading firms. 7. Middle East Situation— ① US media: US European Command warns of insufficient power to protect Israel. ② US embassies in several Middle Eastern countries issue alerts, warning of potential escalation in the region. ③ The US military says it has deployed a heavy transport helicopter to the Middle East. ④ The UK Maritime Trade Organization reports that two oil tankers were attacked in the waters off Oman. ⑤ An Israeli official says tensions have reached a breaking point, teetering on the brink of conflict. ⑥ The Iranian Foreign Ministry warns the US military against any risky actions and says it is fully prepared.

RIA reported Ukrainian drones struck multiple Russian regions in the early hours of Aug. 2, the largest such attack to date.