高盛在研究报告中预测，2025年金价将上涨至每盎司3000美元以上。金价的结构性驱动因素依然稳健。高盛表示，由于各国央行的买入和美国降息，明年金价将升至每盎司3000美元的创纪录水平。摩根大通认为，尽管短期内黄金价格可能会因美国降息预期减弱而波动，但长期来看，黄金的结构性牛市仍然保持不变。Golden Industrial Concept collectively rose in the morning session. As of the time of writing, LINGBAO GOLD (03330) is up 12.03%, at 3.26 HKD; CHINAGOLDINTL (02099) is up 4.88%, at 43 HKD; SD GOLD (01787) is up 4.78%, at 13.16 HKD.
According to Zhitong Finance APP, gold stocks collectively rose in early trading. As of the time of writing, LINGBAO GOLD (03330) increased by 12.03%, trading at 3.26 Hong Kong dollars; CHINAGOLDINTL (02099) rose by 4.88%, trading at 43 Hong Kong dollars; SD GOLD (01787) increased by 4.78%, trading at 13.16 Hong Kong dollars; and ZHAOJIN MINING (01818) rose by 4.01%, trading at 11.4 Hong Kong dollars.
In terms of news, in 2024, the gold market is expected to perform strongly due to factors such as the Federal Reserve's rate cuts, geopolitical conflicts, and central banks of major global economies increasing their gold reserves. The most actively traded gold futures prices have repeatedly refreshed historical highs, with a cumulative increase of over 27% for the entire year. It is worth noting that as of the third quarter of this year, major listed gold companies have reported good performances. SD GOLD achieved a net income of approximately 2.066 billion yuan for the first three quarters, a year-on-year increase of 53.57%. ZHAOJIN MINING reported a net income of 0.881 billion yuan for the first three quarters, a year-on-year increase of 141.07%.
Goldman Sachs predicts in a research report that gold prices will rise to over 3000 dollars per ounce by 2025. The structural drivers of gold prices remain robust. Goldman Sachs states that due to central bank purchases and the expected rate cuts in the USA, next year, gold prices will reach a record level of 3000 dollars per ounce. JPMorgan believes that although gold prices may fluctuate in the short term due to weakening expectations of rate cuts in the USA, the long-term structural bull market for gold remains unchanged.
