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Hong Kong stocks are moving differently | Golden Industrial Concept continues to rise as gold prices increase, welcoming a strong start with multiple Bullish factors expected to boost gold prices in 2025.
The Golden Industrial Concept continues to rise. As of the time of this report, LINGBAO GOLD (03330) increased by 5.17% to 3.46 HKD; Zijin Mining Group (02899) rose by 3.39% to 14.66 HKD; ZHAOJIN MINING (01818) went up by 2.28% to 11.68 HKD.
The marine gold mine brings good news, ZHAOJIN MINING (1818.HK) adds certainty to its growth.
The year 2024 is destined to be a year for Precious Metals, especially Gold. Against the backdrop of increasing uncertainty in the Global economy, highlighting inflationary pressures, and ongoing central bank Shareholding in Gold, the price of Gold has been soaring. According to Wind data, London Gold has continuously oscillated upwards from 2000 dollars per ounce, breaking through 2700 dollars per ounce in October, reaching a yearly high, and maintaining a high running level. At the same time, with the current intertwining of geopolitical risks, changes in liquidity, and the demand for safe-haven assets, several major banks remain optimistic about future Gold prices. Goldman Sachs believes that by early 2025, the price of Gold will reach 2900 dollars per ounce.
Gold Price Surge Pushes Rolex to Raise Prices for Iconic Watches
ZHAOJIN MINING (01818): The redemption registration period for "22 ZHAOJIN 01" is from December 26 to December 30.
ZHAOJIN MINING (01818) released an announcement stating that according to the "ZHAOJIN MINING Co., Ltd. 2022 Professional Investor..."
Hong Kong stock Concept tracking | Global central bank gold purchasing behavior is expected to continue, Precious Metals prices are steadily rising (with related stocks).
Global central banks' gold purchasing behavior is expected to continue, and the signaling effect of central banks announcing gold purchases may become more evident.
Hong Kong stock fluctuations | ZHAOJIN MINING (01818) rises over 6% as the TBM deep well application is pioneered; the central price of gold is expected to continue to rise in the future.
ZHAOJIN MINING (01818) rose over 6%. As of the time of writing, it increased by 6.2%, reaching 11.64 HKD, with a transaction volume of 0.12 billion HKD.
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