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A major breakthrough in gold prices! Gold is expected to continue to outperform the market
This indicator highlights the possibility that gold will continue to outperform the market, and gold is likely to reach new highs.
As of May 15, at 10:42 A50ETF Huabao (159596) fell 0.29% in turnover of 61.4076 million yuan. In terms of constituent stocks, Midea Group rose 1.68%. Zijin Mining rose 0.76%, Ningde Times rose 0.24%, Kweichow Moutai rose 0.05%, and all other individual st
As of May 15, at 10:42 A50ETF Huabao (159596) fell 0.29% in turnover of 61.4076 million yuan. In terms of constituent stocks, Midea Group rose 1.68%. Zijin Mining rose 0.76%, Ningde Times rose 0.24%, Kweichow Moutai rose 0.05%, and all other individual stocks turned green. According to the news, the excellent performance of the recent A-share industry leading quarterly report became the focus of the market. The 2024 A-share industry leading quarterly report showed impressive performance, with 26 companies that achieved year-on-year growth in both revenue and net profit, accounting for more than 50%. China Merchants Securities's latest research report points out that this year's quarterly report confirmed A-share capital
Congo allows Zijin Mining's copper and cobalt business to resume operations
GLONGHUI, May 14 | According to a letter seen by Reuters on Monday, the Congolese government has lifted the suspension order on COMMUS, a Congolese copper and cobalt business owned by Zijin Mining. The Congolese Ministry of Mines suspended operations on the COMMUS project last month to investigate excessive radiation levels in minerals returned from South Africa. Zijin Mining holds 72% of the COMMUS project. The letter stated that mining operations can be resumed as long as the company strictly ensures that radiation levels meet national and international standards.
Gold prices hit a record high, Damo: Now it's the turn of gold mining stocks
As the Federal Reserve's interest rate cut approaches, the headwinds facing gold mining stocks are expected to reverse. Damo pointed out that in the first 100 days and 300 days after announcing interest rate cuts, the average performance of gold mining stocks was 10% and 27% better than gold, respectively.
Gold suddenly dives in the short term! The price of gold just fell below $2,340. Gold's latest intraday trading analysis
#黄金技术分析 #24K99讯 At the end of the Asian market on Tuesday (May 14), spot gold suddenly fell rapidly in the short term. The price of gold had just fallen below the $2,340 per ounce mark, and the intraday increase narrowed to around $1.
Hong Kong stock concept tracking | Copper prices hit a two-year high, and the supply of copper concentrate ushered in the “Pilbara” moment for lithium mines in almost 2021 (with concept stocks)
Overnight, London Metals closed higher, while Copper rose more than 2%