"Rate cut trade" and "Trump trade" double blessing: Gold prices approach historic highs.

The market's expectation of a rate cut in September has pushed up the price of gold, while the failed assassination attempt on Trump has further boosted demand for metals as a safe haven.

wallstreetcn23minutes ago

China Securities Co., Ltd.: the US interest rate cut boosts the prices of precious metals and basic metals, and the demand for new quality productivity opens a new era for small metals.

Zhongxin Jiantou Securities released a research report stating that metals and limited-supply non-ferrous commodities have performed well in the first half of the year, mainly reflecting three core logic:

Zhitong Finance21:49 ET

Hong Kong stock market closed on 07/15, with the Hang Seng Index falling by 1.52%. Network technology stocks were generally under pressure, while digital currency ETFs and golden industrial concept stocks rose against the trend.

Hong Kong's three major indexes fluctuated down all day, with the Hengkang index falling more than 3% in the afternoon and the Hang Seng Index barely holding onto the 18,000 level. At the close, the Hang Seng index fell 1.52% or 277.44 points to 18015.94 points.

Zhitong FinanceJul 15 04:32 ET

Hong Kong stock concept tracking | Frequent unexpected events! US CPI data boosts expectations for interest rate cuts. Will gold reach 3000 next year? (With concept stocks)

Stimulated by the gold bull market, related listed companies also have a "bumper harvest".

Zhitong FinanceJul 14 19:47 ET

Gold Tops $2400 Amid Rate-Cut Hope: Is the Bull Run Over?

The anticipation of a Federal Reserve rate cut in September has invigorated the gold market, propelling prices above the $2,400 threshold for the first time since May 22nd. This surge followed the release of US Consumer Price Index (CPI) data on Wednesday, which fell short of Wall Street expectations and prompted the market to price in over a 90% chance of a rate cut in September.

Analysts NotebookJul 12 11:23 ET

Hong Kong stocks fluctuate | Golden industrial concept generally rises. The unexpected slowdown in US CPI boosts expectations for rate cuts, and gold prices once again break through the $2400 mark.

As of press time, golden industrial concept stocks generally rose. Lingbao Gold (03330) rose 5.64%, with a reported price of HKD 3.56; China Gold International (02099) rose 3.14%, with a reported price of HKD 54.15; Zhaojin Mining (01818) rose 2.22%, with a reported price of HKD 15.64.

Zhitong FinanceJul 11 21:33 ET