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Gold Gets Lift as Media Revives Debate Over Fed Rate Cuts
"Buy more as it falls!" Traders take advantage of the price drop to stock up, and the nickel industry may enter a phase of bottoming out | New cycle of csi commodity equity index
1. Some traders have indicated that the nickel price has already dropped to the psychological bottom range, and they are beginning to stock up on low stock price; 2. Currently, high-cost nickel production capacity is gradually being cleared out globally; 3. The future nickel price has limited downside potential, and may experience a phase of bottoming out.
Gold Miners ETF Expects Continuation of Bullish Trend [Video]
DBS Vickers maintains a "Same as Market" rating for SD Gold (01787) with a target price of HKD 20.2.
The management of SD Gold expects that after the comprehensive resumption of mining, the annual gold production will reach 3 tons.
HK stocks surged | Golden industrial concept opened higher together, European Central Bank lowered interest rates again, combined with expectations of US interest rate cuts, gold prices hit a new all-time high again.
Golden industrial concept opened collectively. As of press time, Lingbao Gold (03330) rose 6.6% to HKD 3.07; SD Gold (01787) rose 4.31% to HKD 15; Zhaojin Mining (01818) rose 4.3% to HKD 12.62.
Gold Marks Fresh Record High as Inflation Data 'Set the Stage' for Fed Rate Cut
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