International gold prices rebound to recover lost ground, A-share resource sector dances
On May 6th, international gold prices rebounded significantly, with COMEX gold futures prices once again breaking through the $3,300 per ounce mark, and London gold spot prices also rising to around $3,370 per ounce. As precious metal prices regained upward momentum, the A-share resource sector saw widespread gains, with the rare earth permanent magnet index soaring over 6% in a single day. Market analysts indicated that renewed tariff tensions combined with escalating tensions in the Middle East have spurred a rush of safe-haven funds into the gold market. In the short term, the fundamental logic of gold remains unchanged, and prices may fluctuate during the tariff negotiation period
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