Understanding the Market | Gold stocks generally rise as interest rate cuts and risk aversion boost gold prices to new highs, with spot gold surpassing $3,840
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Gold stocks generally rose, with ZIJIN GOLD INTL up 58.54% and GT GOLD up 10.42%. Influenced by expectations of interest rate cuts in the U.S. and geopolitical tensions, spot gold surpassed $3,840 per ounce, and COMEX gold futures rose to $3,870 per ounce. ZIJIN GOLD INTL was listed on the Hong Kong stock market on September 25, which is expected to drive an overall valuation adjustment for ZIJIN Mining
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