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Oil prices plummeted at the opening! Israeli airstrikes did not target Iranian energy and nuclear facilities, the market is relieved.
①Although Israel launched a new round of airstrikes against Iran over the weekend, the apprehension of market investors was instead relieved at the beginning of this week; ②Because Israel's targets did not include Iran's energy and nuclear facilities, this led to a significant drop in crude oil prices on Monday, and safe-haven asset gold also experienced a slight pullback...
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In the gold bull market, the amount of gold in the banks' financial market is rapidly increasing. There are 89 products on the market, with 34 awaiting sale. Industry insiders admit they were 'late to the game.'
①Currently, there have been a series of financial products linked to gold or with gold assets launched by China Post Financial, CMB Financial, Everbright Financial, Ping An Financial, and others. ② Among them, only CMB Financial institution has released at least 34 gold-linked financial products this year, with 9 released just last month. ③ Although the price of gold is currently strong, how to control the downside risk of gold-linked financial products is also a key concern for various financial institutions.
Gold prices have been skyrocketing! The world's largest gold producer has announced its best quarterly performance in five years.
①Due to the soaring gold price, the world's largest gold producer, Newmont, announced its best quarterly performance in five years; ②Newmont's performance report released on Wednesday showed that the third-quarter net income attributable to shareholders was 0.922 billion US dollars, nearly six times that of the same period last year.