Jinshi Data Summary: Gold plunges, Nvidia closes down over 4%
Original headline金十数据汇总：黄金大跌，英伟达收跌超 4%
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Spot gold fell 3% to its lowest level since October last year and spot silver lost the $50/oz mark, while the yen briefly broke through 160 per dollar before rebounding 70 pips, raising the risk of Bank of Japan intervention. Nvidia's market capitalization dropped below $4 trillion as the stock closed down more than 4% amid reports of a U.S. Department of Justice antitrust probe. In China, Premier Li Qiang chaired the State Council's 22nd special study session, calling for expanding enterprise annuity coverage and strengthening the long-term sustainability of social security funds, while domestic refined oil prices were cut sharply, saving about 25 yuan per tank. Beijing and Washington are said to be in close communication on tariff reductions, trade and investment, and the EU and UK are reportedly set to delay a 10% tariff on electric vehicles. Houthi forces claimed strikes on Saudi Aramco and a pump station on the East-West oil pipeline.
Muhabbit's AI wrote this summary in its own words from TechFlow's report and translated it from Chinese. It can get details wrong, so check the source.
Named in this story
Nvidia (NVDA), US Department of Justice, Bank of Japan, Li Qiang, Houthi
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