No Data
No Data
Golden industrial concept regains its upward trend. Will the price of gold go beyond 2500 due to the expectation of interest rate cuts and increased risk aversion?
Gold prices have skyrocketed more than 21% this year!
Breaking through the historical barrier of 2500 US dollars! The expectation of a rate cut by the Federal Reserve pushed up the price of gold, with Zhaojin Mining leading the way in the golden industrial concept.
Is the recent global central bank buying spree still continuing? How do institutions evaluate the future performance of international gold prices?
Stock market anomaly | Lingbao Gold (03330) rose more than 6%, leading the golden industrial concept. The timing of interest rate cuts is approaching, and the gold price has broken through $2500 again, reaching a new high.
Golden industrial concept rose collectively in morning trading. As of the time of writing, Lingbao Gold (03330) rose 6.29% to HKD 3.38; Chinagoldintl (02099) rose 4.74% to HKD 42; Zhaojin Mining (01818) rose 4.59% to HKD 13.66.
Gold Prices Keep Breaking Records in 2024. Central Banks Are Driving the Rally.
Gold hits a new record high, Eu raises smallpox epidemic alert level | Global Market
① S&P, Nasdaq rose for 7 consecutive days, and the three major indexes of US stocks jointly recorded the largest weekly increase this year; ② The Fed's interest rate cut cycle is approaching, and spot gold has historically exceeded $2,500/ounce for the first time; ③ Officials in multiple countries expect that "Iran will postpone retaliation plans" and US Secretary of State flew to the Middle East on Saturday; ④ The EU has raised the monkeypox epidemic alert level, and multiple news have stimulated monkeypox concept stocks to continue rising.
Gold Price Consolidates Amid Geopolitical Risks, Reduced Bets for 50 Bps Fed Rate Cut
No Data