Zijin Mining Group's performance in the first three quarters increased by more than 50%, planning to invest approximately 8.4 billion yuan in developing copper mining projects in Tibet | interpretations
①Benefiting from the simultaneous increase in the volume and price of nonferrous metals products, zijin mining group's net income in the first three quarters increased by more than fifty percent; ②The company plans to invest over 8 billion yuan in Tibets Zhuono Copper Mine, which is expected to start production within two years.
Spot gold hits another all-time high, with the 'Trump trade' joining the ranks of price drivers.
Spot gold has strengthened, reaching a high of $2,688.82 per ounce, setting a new record since September 26. Analysts believe that in addition to geopolitical tensions, gold prices have also been influenced by the 'Trump trade'.
Industry experts: Gold prices are expected to rise by around 10% within a year, reaching a new historical high.
①A recent survey shows that industry insiders expect the price of gold to rise by about 10% within a year, and set a new historical high next year; ② Gold is one of the best-performing csi commodity equity index in 2024, hitting consecutive new highs, mainly due to its safe-haven properties and the significant purchases by central banks around the world.
Refusing to callback, far exceeding the model's valuation, Deutsche Bank exclaimed: gold is truly amazingly strong!
Deutsche Bank stated that at some point this year, gold has risen without financial fair value support. Currently, the Federal Reserve still has further room for easing, which further enhances the upward trend of gold. The price of gold is expected to continue to outperform financial fair value by the end of this year, with the largest magnitude since 1998.
Gavin Newsom Approves New Law to Tackle Gas Prices, Says Oil Industry Raising Prices To 'Scare Voters' Into Supporting Trump
Gold Recovers Amid Mixed US Economic Indicators
Big Dipper : Ubs group is selling.
Zerines OP Big Dipper : does this follow the oil price strictly?
Big Dipper : The drop in oil prices should be a consideration.
Zerines OP Big Dipper : understand, currently there's a big sell off