BK1312 Nonferrous Metal
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With a lot of effort, the silver bully reached the 30-mark mark! Gold returns to the 2400 mark
Over $400 million in big orders poured in! Silver has hit a new high in more than 30 years, and will the 50 mark also become something that many have in their pockets?
Silver's “flood power” begins to be unleashed. Be careful when rising easily and violently
Investors are beginning to notice the hidden power of silver at work. “Buying gold is better than buying silver first.”
Is the upward trend continuing? The strategist shouted: Gold and silver will soon reach new highs!
Gold, silver, and platinum have been rising so far this year, and some strategists believe these precious metals will rise further in the coming months.
US economic data sparks precious metals rebound, and most institutions are optimistic that the market will continue to strengthen in the future
Precious metals prices made their own gains on Wednesday (May 15). The US inflation data released on the same day slowed as expected, boosting market confidence in the Fed cutting interest rates earlier, suppressing the US dollar while boosting precious metals denominated in US dollars.
Bullish bets have increased substantially! The whole world is crazy about copper
Goldman Sachs warns copper is “at the moment of cocoa.”
Is its trading company caught in a “vortex of emptying” New York copper? Luoyang Molybdenum Industry issued a response
① This week, the New York copper market experienced an epic round of shorting; ② In this round of crazy shorting, Luoyang Molybdenum's trading company Exxon (IXM) was also reported by the media to be in a “vortex” due to holding a large number of short positions; ③ Luoyang Molybdenum plummeted by about 5% in the A-share market on Thursday. Luoyang Molybdenum Industry officially issued a statement to respond to this on Thursday.
The copper market has been emptied historically! The empty side is IXM owned by Torque and Lomoly?
The report said that commodity trading giant Torque and IXM, a subsidiary of China's Luoyang Molybdenum Industry, are trying to buy physical copper to settle their large short positions on the US CME exchange.
Why is “Doctor Copper” soaring? What are the prospects?
Copper prices may continue to be bullish, but analysts warn that the market needs to verify this trend beyond short-term momentum.
Hong Kong Stock Afternoon Review | The three major indices strengthened, rising more than 4% after Tencent's results; domestic housing stocks and domestic bank stocks improved, COSCO Group rose nearly 49%, and CCB rose more than 5%
Technet stocks had mixed ups and downs. Tencent rose more than 4%, Ali fell more than 2%; insurance stocks strengthened, China Taiping rose more than 6%, and Ping An of China rose nearly 6%.
Intraday Overview | The Hong Kong stock index fluctuated higher, domestic housing stocks rose strongly, and COSCO Group rose more than 46%
Property management stocks followed the strengthening of domestic housing stocks. Greentown Services rose more than 16%, Shimao Services rose more than 15%; after Tencent's performance, it rose more than 4%, and Alibaba fell nearly 3%.
Selected announcements | China Gold International changed from profit to loss in Q1; Zhongtong Express's adjusted net profit increased 15.8% year-on-year
China Shenhua: Commercial coal production in April was 27.5 million tons, up 5.4% year on year; coal sales volume was 37 million tons, up 1.1% year on year; Ping An of China: the total premium income from the original insurance contracts of the four subsidiaries in the first 4 months was about 33.377 billion yuan, up 2.4% year on year.
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.
Last night, New York copper futures reached a historic shortfall!
New York copper futures surged 5.5% in the intraday period, and the price of copper for Comex's July delivery jumped to an intraday high of $5.026 per pound, just one step away from the all-time high of $5.0395 set in the early days of the Russian-Ukrainian conflict in March 2022. Traders said that today's New Zealand copper is emptying like never before, causing copper cargo ships to be transported to the US. Traders with long positions on copper in July are expected to make a profit or roll it over to further contracts in the future to take advantage of huge futures discounts.
The US announced additional tariffs on Chinese products such as lithium batteries. People in the industry chain: North America does not account for a large share of the export market
The US announced that it will impose tariffs on electric vehicles and other Chinese goods. In response, many industry insiders said that the actual impact of the policy on China's lithium battery industry chain is small.
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.
“Dr. Bronze” has soared to a new high in more than two years! The “overbought” alert has been sounded
Copper prices have soared 28% in the past 3 months and are now in the overbought region, and analysts are calling for caution.
Copper prices hit a two-year high, analysts warn they have entered the overbought region
The price of copper futures climbed to the highest closing price in more than two years, but after rising by about 28% in the past three months, some analysts warned that this industrial metal has entered the overbought region
Is it still necessary to “catch up” with the current price of gold? Experts remind that the gold trend is already divided, and consumers cannot blindly enter the market
① The gold market, which had been soaring all the way up, fluctuated at a high level again. Today's spot gold fell below 2,340 US dollars/ounce, with an intraday decline of 0.88%. ② The fall in gold prices is due to the fact that international gold prices are already at historically high levels, and profit markets rebounded after the geographical conflict cooled down. The fluctuation in the price of gold after the high level reflects the market's disagreement over the future trend of gold.
The price of gold will “rise sharply”! Goldman Sachs releases major gold research report
Recently, the media discussed various reasons behind the sharp rise in gold prices. These reasons can first be traced back to the surge in Chinese purchases. As gold prices rose, this discussion also intensified, culminating with “China taking over control of gold prices from the West”, “China's gold buying frenzy caused ETF chaos” and “Chinese consumers surpassing India in the gold buying frenzy”.
Intraday quick overview | The Science Index rose more than 1% to reach the 4,000 mark; port transport stocks were strong, and COSCO Marine Control rose more than 6%
Water stocks soared across the board. China Water Services rose more than 9%, Beijing Water Group rose more than 8%; high-speed rail infrastructure stocks collectively rallied, CRRC rose more than 9%, and Times Electric rose nearly 7%.