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After a drop in international gold prices the previous night, the Golden Industrial Concept fell in response with LINGBAO GOLD (03330) down 7.25%.
Jinguo Finance | Golden Industrial Concept stocks fell broadly, LINGBAO GOLD (03330) dropped by 7.25%, ZHAOJIN MINING (01818) fell by 4.2%, Zijin Mining Group (02899) declined by 3.43%, SD GOLD (01787) decreased by 1.75%, and CHINAGOLDINTL (02099) fell by 1.59%. Last night, international gold prices corrected as the market awaited the upcoming USA inflation data, with New York futures gold closing at $2895.9 per ounce, a decrease of 1.2%.
Zhongzheng Pengyuan: It is expected that the price of Gold will remain high with fluctuations in 2025, while the overall price of Black Metal will show a pattern of first declining and then rising.
In 2025, the Black Metal Industry Chain will face a complex situation of raw material supply surplus, differentiated demand, and policy regulation.
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