Hong Kong Stock Concept Tracking | The Fed does not need to wait for inflation to drop below 2% to cut interest rates Gold prices have further drive (with concept stocks)
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The price of gold is expected to be driven by the anticipation of a rate cut by the Federal Reserve, potentially creating a good buying opportunity. In addition, gold stocks, although performing poorly, are undervalued and may rise by 50%. Considering the impact of the election and the US government's increase in capital expenditure, the price of gold is synchronous with the US fiscal deficit, indicating further upside potential for the gold price. Related companies include Lingbao Gold, Zijin Mining, Shandong Gold, Zhaojin Mining, and China Gold International
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