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Gold: China's Central Bank Buys More Gold – ING
Europe Natural Resources Fund: The performance of Gold will surpass that of the US stock market in 2024. Next year's trend will depend on whether Emerging Markets demand can be sustained.
Li Gangfeng stated that the price of gold in US dollars rose by 25.5% in 2024, setting a new historical high 40 times (with the highest seen at 2,790 dollars), achieving the best annual performance in the past 14 years, while last year's returns also outperformed the US stock market.
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China Galaxy Securities: The policy efforts have driven the expectation recovery in the non-ferrous Industry, and the medium-term logic of rising gold prices has not changed.
The domestic policy clearly outlines the strengthening of counter-cyclical regulation by 2025, which is Bullish for the Nonferrous Metals Industry's recovery and does not change the medium-term logic of rising gold prices.
Investors Still Waiting For A Pull Back In Shandong Gold Mining Co., Ltd. (SHSE:600547)