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Gold Rally Gains Traction, Next Stop US$2,900?
Is Shandong Gold Mining (SHSE:600547) Using Too Much Debt?
Hong Kong stocks movement | Golden Industrial Concept strengthened in the afternoon as market risk aversion sentiment quickly increased, and the logic behind rising gold prices remains unchanged.
The Golden Industrial Concept strengthened in the afternoon. As of the time of writing, LINGBAO GOLD (03330) is up 14.58%, priced at 4.95 HKD; SD GOLD (01787) rose 3.43%, priced at 14.8 HKD; ZHAOJIN MINING (01818) increased 2.95%, priced at 12.58 HKD; CHINAGOLDINTL (02099) is up 1.15%, priced at 43.9 HKD.
Bullish Sentiment Intact For COMEX Gold
DWS: The likelihood of a continued strong rise in the U.S. stock market in 2025 is low, and Gold is expected to fluctuate within a narrow range.
DWS, a German Asset Management company, has released its market outlook for January 2025.
Hong Kong stocks have moved | Golden Industrial Concept rises again as U.S. CPI data reignites expectations for interest rate cuts this year. CICC predicts that gold prices may break through 3,000 dollars per ounce this year.
The Golden Industrial Concept rises again; as of the time of writing, CHINAGOLDINTL (02099) rose by 3.1%, trading at 44.9 HKD; ZHAOJIN MINING (01818) rose by 2.64%, trading at 12.44 HKD; Zijin Mining Group (02899) rose by 1.75%, trading at 15.1 HKD.
