Group 1 - The international gold price experienced wide fluctuations but closed higher, recovering the $3300 mark, indicating a potential stabilization trend [1] - Geopolitical tensions have eased, which is a primary factor suppressing current gold prices, while concerns over U.S. debt defaults due to a significant increase in the debt ceiling are limiting downward movement [1] - Gold has benefited from the situation, with a notable increase of over 25% in the first half of 2025, marking the best half-year performance since 2007 [1] Group 2 - The market's short-term focus is shifting towards upcoming non-farm payroll data, which will provide guidance on whether the Federal Reserve will initiate rate cuts [2] - Technically, gold prices are in a bearish arrangement after a death cross between the 5-day and 10-day moving averages, with resistance levels at $3310 and $3345 [2] - Despite the potential for further declines, the recent price action suggests a gradual stabilization, with support levels identified at $3280 and $3260 [2]

Group 1 - The House of Representatives passed a large tax and spending bill with a narrow margin of 215 votes in favor and 214 against, which will now be reviewed by the Senate [1] - The bill aims to extend tax cuts for businesses and individuals initiated during Trump's first term, introduce new tax deductions, increase defense spending, and allocate more funds to combat illegal immigration [1] - Senate Republicans, led by Ted Cruz, indicated intentions to make significant modifications to the bill, particularly concerning healthcare and spending cuts [2][3] Group 2 - The House version of the bill proposes raising the eligibility thresholds for healthcare and food assistance for low-income groups to reduce federal spending, which has raised concerns among some Republicans about potential backlash from their voter base [2] - There are calls from some Republicans to eliminate a provision that would raise the federal debt ceiling by $4 trillion, as the current national debt stands at $36.2 trillion [2] - Senate Republicans have utilized special rules allowing the bill to pass with a simple majority, potentially bypassing Democratic opposition [3]