Gold Rises as U.S. Levies Tariffs on Largest Trading Partners
The U.S. Dollar Is Still the World's Currency - but Maybe Not for Much Longer
Gold Futures Surge At Close As Us Tariffs Strike Canada, Mexico And China
Hong Kong stock midday review | Hang Seng Index fell 0.46% in the morning, while Golden Industrial Concept rose against the trend.
Market risk aversion has clearly intensified, and Institutions are Bullish on the mid to long-term allocation value of Precious Metals.
Hong Kong stock Concept tracking | The central bank is actively expanding the scale of Gold purchases. The long-term allocation value of Gold still has support (attached are related stocks).
Under the backdrop of economic uncertainty and rising inflation, the long-term allocation value of Gold still has support.
Gold Rises on Safe-Haven Demand and a Weakening Dollar as the U.S. Readies Tariffs on Canada and Mexico
USA's rush for Gold has created an 'economic panic'?
Goldman Sachs pointed out that in January, the gold import amount was about 25 billion USD, almost accounting for the entire expansion of the USA trade deficit of 31 billion USD, which has a significant distorting effect on trade data and leads the market to be not bullish on the first quarter GDP growth. Moreover, this portion of imports is usually excluded from GDP calculations, so there is no need for the market to be overly pessimistic.
Gold Prices Soar 35% to Record Highs — Why Experts Say the Rally Isn't Over yet
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%.
Chifeng Jilong Gold Mining (06693.HK) is expected to be listed on March 10, with Zijin Mining Group and ZHAOJIN MINING introduced as cornerstone investors.
Gelonghui reported on February 28 that Chifeng Jilong Gold Mining (06693.HK) announced that the company plans to globally issue approximately 0.206 billion shares listed in Hong Kong, with 20.5652 million shares for sale in Hong Kong, and about 0.185 billion shares for international sale, along with an additional 15% over-allotment option; the subscription will be from February 28 to March 5, 2025, with the expected pricing date on March 6; the offering price will be between 13.72-15.83 Hong Kong dollars per share, with a minimum trading unit of 200 shares, and CITIC SEC as the sole sponsor; the shares are expected to start trading on the Stock Exchange on March 10, 2025. The company is primarily engaged in gold mining.
Chifeng Jilong Gold Mining (06693) starts its IPO today, introducing Zijin Mining Group (02899) and ZHAOJIN MINING (01818) as cornerstone investors.
Chifeng Jilong Gold Mining (06693) will conduct an initial public offering from February 28, 2025 to March 5, 2025, with plans for Global expansion.
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.
Wall Street Traders Buy Gold ETFs at Record Pace as Price Hits All-Time High
ZHAOJIN MINING (01818.HK) appointed Jiang Guipeng as Director.
On February 26, Gelonghui announced that ZHAOJIN MINING (01818.HK) held its first meeting of the Eighth Board of Directors immediately following the temporary Shareholder meeting, where the Board unanimously agreed to appoint (i) Jiang Guipeng as the Chairman of the Eighth Board of Directors; (ii) Long Yi as the Vice Chairman of the Eighth Board of Directors, with their appointments effective from February 26, 2025. On the same day, following the temporary Shareholder meeting, the first meeting of the Eighth Supervisory Board was held, where the Supervisory Board unanimously agreed to appoint Leng Haixiang as the Chairman of the Eighth Supervisory Board, with his appointment effective from February 26, 2025.
ZHAOJIN MINING (01818) issued 2 billion yuan in ultra-short-term financing bonds.
ZHAOJIN MINING (01818) announced that the company issued its 2025 annual report on February 25, 2025...
Gold Stocks Glitter as Worries Around Inflation, Tariffs Flare
No 'Golden Age' Is Coming. Trump's Tariffs Will Hit Americans With Higher Interest Rates and More Inflation.
Gold Eases From Record With Rate Hope, Haven Demand in Spotlight
Gold Hovers Near Record Peak on Weaker US Dollar; US Data Eyed
Gold Holds Near Record High as Weak US Data Spurs Haven Buying