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Hong Kong stocks have moved | Golden Industrial Concept rises again as U.S. CPI data reignites expectations for interest rate cuts this year. CICC predicts that gold prices may break through 3,000 dollars per ounce this year.
The Golden Industrial Concept rises again; as of the time of writing, CHINAGOLDINTL (02099) rose by 3.1%, trading at 44.9 HKD; ZHAOJIN MINING (01818) rose by 2.64%, trading at 12.44 HKD; Zijin Mining Group (02899) rose by 1.75%, trading at 15.1 HKD.
CICC: Bullish on the rise of Gold prices in 2025 and the widening gross profit per ton of gold mined by gold mining companies.
China International Capital Corporation released a research report stating that looking ahead to 2025, gold prices may still be in a bull market channel, with a potential to break through $3,000 per ounce in 2025, and the gold price in RMB may achieve a greater increase compared to the gold price in USD.
Gold Price Hits Fresh GBP All-Time High - Solomon Global Analyses Key Factors
Express News | BlackRock, Inc's Long Position in H-Shares of Shandong Gold Mining Increases to 6.36% on Jan 13 From 5.83% - HKEX
MetalsFocus: Gold prices are expected to continue rising in 2025, possibly reaching a peak of $3000 per ounce.
It is expected that the trend of Silver in 2025 will roughly follow the trend of Gold.
Continued Upside For COMEX Gold
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