No Data
No Data
No Data
Open Source Securities: Q4 commodity prices may experience significant fluctuations, with gold remaining the preferred choice for current allocation.
The uncertainty of the 2024 Q4 usa election and the pace of interest rate cuts by the Federal Reserve may once again dominate commodity price fluctuations, with the volatility of csi commodity equity index prices possibly significantly rising.
Stocks in Hong Kong surged against the trend, with golden industrial concept rising more than 5%, chinagoldintl experiencing geopolitical tensions.
Chinagoldintl rose more than 5%, sd gold rose 3%, zhaojin mining rose 2.9%, zijin mining group rose 2.7%. In terms of news, the recent tension in the Middle East continues to escalate; the General Staff of the Korean People's Army issued a combat readiness directive yesterday, and the military tension is on the brink of eruption.
Golden industrial concept rises against the market trend. Lingbao Gold (03330) rose by 3.26%. Institutions indicate that the space for interest rate cuts between China and the United States has opened further, pushing up the upper limit of the gold price.
Jingu Finance News | Golden industrial concept rose against the market, Lingbao Gold (03330) up 3.26%, Chinagoldintl (02099) up 2.73%, SD Gold (01787) up 2.46%, Zijin Mining Group (02899) up 2.36%, and Zhaojin Mining (01818) up 1.53%. On the news front, the World Gold Council issued a statement saying that global central bank gold demand slowed in August 2024, with net purchases of gold at around 8 tons. Although overall central bank gold demand has fallen from its peak in early 2024, it still maintains a positive growth trend. Huayuan Securities stated that the Federal Reserve
Gold: Miners Set to Lead When the Broad Markets Top Out?
Gold Recovers Amid Mixed US Economic Indicators
Gold Futures Close Higher
No Data
No Data