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Gold Climbs To US$2,690, Analysts Maintain Bearish Trading Bias
China's Zijin Mining in Talks to Buy Controlling Stake in Zangge Mining
Concerns over Trump's tariffs have intensified, causing USA silver and copper prices to deviate from international benchmarks and soar.
Copper and Silver Futures prices in New York have soared above international benchmark prices.
Golden Industrial Concept rises overall. LINGBAO GOLD (03330) increases by 6.03%. UBS Group expects the gold rally to continue in 2025.
Jinwu Financial News | The Golden Industrial Concept stocks are rising, as of the time of this report, LINGBAO GOLD (03330) is up 6.03%, Zijin Mining Group (02899) is up 2.45%, TONGGUAN GOLD (00340) is up 2.13%, and SD GOLD (01787) is also following suit. In terms of news, UBS Group released a Research Report indicating that the upward trend in gold prices is expected to continue this year. According to forecast data, UBS Group has adjusted its annual average price forecast for gold, lowering the 2025 expectation from the previous $2,885 per ounce to $2,800 per ounce, but still maintains a high level, with respective upside and downside potential.
A 400 billion mining giant takes action! Zangge Mining plans to change control, and the company's stocks will be suspended from trading starting today.
The map of lithium resources is continuously expanding.
Zijin Mining Group Eyes Potential Acquisition of Zangge Mining
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