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美股异动 | 黄金白银齐攀升 希尔威金属矿业(SVM.US)收涨超7%

U.S. stocks surge | Gold and silver rise together, Hillway Metal Mining (SVM.US) closes up more than 7%.

Zhitong Finance ·  Oct 20 23:21

Hilway Metal Mining closed up 7.43% on Friday and continued to rise more than 2% during the night session.

The Zhitong Finance App learned that Hilway Metal Mining (SVM.US) closed up 7.43% last Friday and continued to rise more than 2% in night trading. According to the news, the price of gold and silver continued to skyrocket. Among them, gold continued to reach record highs, and silver broke through the 34 US dollars/ounce mark.

According to the data, driven by safe-haven demand and China's economic stimulus expectations, spot gold once climbed to a record high of 2731.96 US dollars/ounce, while spot silver rose to an intraday high of 34.107 US dollars/ounce, a new high since December 2012.

The Bank of America also recently published a report indicating that it is optimistic about the future of gold. Chief strategist Michael Hartnett pointed out that the Federal Reserve is determined to cut real interest rates in the next few quarters, and investors only need to hedge against inflation and the threat of dollar depreciation. Therefore, the Bank of America strategist concluded that gold will far exceed $3,000 per ounce.

According to public information, Hilway mainly acquires, explores, develops and produces non-ferrous metals and precious metal mines such as silver, gold, lead and zinc, and has become one of the most important producers of silver, lead and zinc in China. Strong prices of precious metals such as gold and silver are expected to continue to push Hilway's stock price higher.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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