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Fed to Be the Focus of the Gold Market Next Week – Commerzbank
Silver Price Prediction: Uptrend to Likely Extend to Range High, RSI Overbought
Expectations of a 50 basis point rate cut by the Fed are heating up, as gold prices reach a historic high!
Another turning point?
Chi Silver GP (00815) surged nearly 17% in Hong Kong stocks, with multiple bullish factors and spot silver breaking through $30 again.
The Chi Silver GP (00815) once rose nearly 17%, as of press time, up 9.43%, at HK$0.29, with a turnover of HK$1.9051 million.
Gold Marks Fresh Record High as Inflation Data 'Set the Stage' for Fed Rate Cut
Citic Securities: The stability of metal profits has significantly increased and the level of sector dividends continues to rise.
In the first half of 2024, the profit situation of metal companies improved significantly compared to 2023, but with the major metal prices surging and then falling back in Q2 2024, the metal sector experienced a significant pullback.
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