Hong Kong Stock Concept Tracking | Gold bar prices reach $1 million, precious metal sector performance may gradually materialize (with concept stocks)

Zhitong
2024.08.20 01:25
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With increasing global economic uncertainty, the price of gold has reached a new high, with the price of gold bars breaking $1 million recently. Expectations of a Fed rate cut have boosted market optimism for gold, with the international gold price expected to reach $3,000 per ounce next year. Experts predict that with increased liquidity, gold stocks may usher in a bull market, with related companies such as Zijin Mining, SD-GOLD, and others expected to benefit