Market Insight | Gold stocks continue to rebound, gold breaks through $2600 to hit a new high since listing, institutions believe sector valuation repair is expected
I'm PortAI, I can summarize articles.
Gold stocks continue to rebound, with the stock prices of multiple companies rising. The price of gold broke through $2600 per ounce, reaching a new high. Goldman Sachs maintains a 2025 gold price target of $2700, believing that rate cuts will drive precious metals higher. Industrial Securities points out that despite the uncertainty in the US economy, there is still room for gold price to rise, and the valuation of gold stocks is expected to improve. CITIC Securities is optimistic about the allocation value of gold
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Zhitong The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments