Montage Gold Closes, Draws Down US$75 Million Gold Stream With Zijin Mining
Gold Climbs Amid Weaker Dollar and Rising Geopolitical Tensions
Global Copper Mining Growth Trends to 2030, Featuring Freeport-McMoRan, BHP, Codelco, Grupo Mexico, Glencore, Anglo American, Zijin Mining Group, First Quantum Minerals, Antofagasta & Rio Tinto
Why Trump's Return To Office Could Drive Gold Demand In 2025
Gold Prices Edge Up, Remains Pressured by Strong Dollar After Hawkish Fed
Gold Holds Decline as Traders Focus on Uncertain 2025 Rate Path
Express News | Citigroup's Long Position in H-Shares of Zijin Mining Group Co Decreases to 8.00% on Dec 17 From 8.49% - HKEX
What does the Federal Reserve's "Skip" mean for the market?
Citi Research found that during the period when the Federal Reserve pauses interest rate cuts, the U.S. stock market usually performs well, but the sustainability of the rise depends on whether economic weakness leads to a restart of policy easing; U.S. Treasury rates usually rise at the pause or end of the cycle; for the dollar, if the interest rate cuts are only paused, the dollar performs laterally, if it is the last interest rate cut, the dollar will rise; after the pause, regardless of whether the easing cycle continues, Gold prices usually rise.
Gold Prices Rebound From Fed-driven Rout, Hawkish Comments Cloud Outlook
World Gold Council: Next year, gold prices may mainly fluctuate, and the upward momentum of gold prices will primarily depend on central banks and purchasing power in the Asia-Pacific region.
The rise in Gold prices next year mainly depends on the purchasing strength of central banks and whether the purchasing power in the Asia-Pacific region is strong. The World Gold Council believes that Gold prices may mainly fluctuate next year.
Mingsheng Securities: Supply constraints will still be strong in 2025, and the demand for Copper and Aluminum is quite resilient.
Looking ahead to 2025, supply-side constraints remain strong, and demand is resilient. It is recommended to invest in the sector of Industrial Metals, specifically in symbols of Copper and Aluminum.
Gold Holds Decline as Focus on Fed for Next Year's Rate Outlook
UBS Says Gold Prices to Build on Gains, Central Banks to Buy More
Hong Kong stocks fluctuate | Golden Industrial Concept continues its recent decline, SD GOLD (01787) drops nearly 4%. The market focuses on the results of this week's Federal Reserve interest rate meeting.
The Golden Industrial Concept continues its recent downward trend. As of this publication, SD GOLD (01787) is down 3.81%, priced at 12.62 HKD; LINGBAO GOLD (03330) is down 1.1%, priced at 2.69 HKD; CHINAGOLDINTL (02099) is down 1.06%, priced at 37.2 HKD.
Gold Steadies as Traders Look to Final Fed Meeting of the Year
Zijin Mining Group (02899.HK) intends to provide a guarantee for a loan of no more than 0.2 billion USD for its holding subsidiary, Saizicopper.
On December 16, Gelonghui reported that Zijin Mining Group (02899.HK) announced that Zijin Mining Group Co., Ltd. (hereinafter referred to as the "Company") has provided joint liability guarantees for its subsidiary, Zijin Copper, applying for loans totaling no more than 0.2 billion USD or equivalent in MMF from Bank Of China Srbija A.D. Beograd ("Bank Of China (Serbia) Limited") and Bank Of China Limited, Luxembourg Branch ("Bank Of China Luxembourg Branch"). The guarantee period does not exceed 4 years.
Special contributor Deng Shengxing: The central meeting did not bring any surprises to the market, the Hang Seng Index is struggling around 20,000 points.
Jinwu Financial News | The Hang Seng Index closed at 19,971 on Friday (13th), down 425 points or 2.1%. The market had a total turnover of 158.4 billion yuan for the day. The National Index fell 173 points or 2.4%, closing at 7,184. The Technology Index dropped 2% to 4,508, marking three consecutive weeks of decline along with the National Index. Goldman Sachs stated that the central economic committee's lack of stable housing policies is disappointing, with Longfor (00960) dropping 7.3%, the worst performing blue chip for the day; China Overseas Land & Investment (00688) fell 4.9%, down 5.1% for the week, also the worst performing blue chip; overnight gold prices significantly retreated, dragging gold-related stocks down. Zijin (02899) dropped 5.5%; Zhaojin.
Morgan Stanley: The undervalued "Gold Triad" of China.
Morgan Stanley pointed out that against the backdrop of intensified geopolitical risks, China gold will benefit from market risk aversion sentiment and be favored by Chinese investors, while expectations of yuan volatility also provide support for gold prices to rise. Zijin Mining Group, SD GOLD, and ZHAOJIN MINING are undervalued in the market, and their production is expected to grow significantly in the next five years. It is anticipated that gold prices will reach $2,850 per ounce in the second quarter of 2025.
Gold: Critical Support and Resistance Levels to Watch Ahead of Fed Next Week
Hong Kong stocks' movements | Copper companies saw a widespread decline in early trading as copper concentrate long-term processing fees hit a historical low, Institutions indicate that the driving effect of policy expectations is fading.
Copper stocks all fell in the early session. As of the time of writing, MMG (01208) fell by 4.21%, trading at 2.73 HKD; CMOC Group Limited (03993) fell by 4.09%, trading at 5.63 HKD; Zijin Mining Group (02899) fell by 3.46%, trading at 15.06 HKD; JIANGXI COPPER (00358) fell by 1.98%, trading at 12.88 HKD.