ChinaAMC Gold ETF

Dumping of Gold by Multiple Central Banks Led to a Plunge in Gold Prices

Fierce Talent Competition in Hong Kong's Precious Metals Market

India allows stock funds to significantly increase investment in gold and silver

Multiple Banks Raise the Entry Barrier for Gold Accumulation Business

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The HSI closed down 146 points at 25,651, with total turnover of HKD262.098 billion. SMIC surged 9.71% to HKD75.15, while gold miners struggled as spot gold remained below USD4,500. Major tech stocks like Tencent and Alibaba fell around 1%. Bilibili dropped 4.74% after disappointing earnings, and Hesai fell 9.01% following a target price cut. Two IPOs debuted, with TOPNC rising 80% above its listing price, while UISEE TECH fell 4.64%.

AASTOCKS News

SMIC

Kinross Gold

FI2 CSOP HSI

SPDR Gold Minishares

Sprott GLD Miners Etf

VanEck Junior Gold Miners ETF

China Southern Hang Seng ETF

FL2 CSOP HSI

FI CSOP HSI

CSOP HSI ETF

SPDR Gold Shares

Global X Silver Miner

Sprott JR Gold Miners ETF

ChinaAMC Hang Seng ETF

iShares Gold Trust

YieldMax Gold Miners Opt Inc Strgy ETF

Direxion Daily Jr Gold Miners Bull 2X

HSI Finishes Down 146 pts; SMIC Leaps ~10%; Gold Miners Subdued

RGLD

600547

Royal Gold, Inc. (NASDAQ:RGLD) has received a consensus rating of 'Moderate Buy' from twelve brokerages. Analysts have mixed opinions, with two sell, two hold, and eight buy ratings. The average target price is $273.64. Recent earnings showed a miss on estimates, reporting $1.92 EPS against a $2.68 consensus. The company declared a quarterly dividend of $0.475, yielding 0.9%. Insiders have sold shares recently, indicating a decrease in their positions.

Market Beat

Royal Gold

Agnico Eagle Mines

Newmont

SD-GOLD

VanEck Gold Miners ETF

Abrdn Precious Metals Basket ETF Trust

Us Gbl GLD & Met

GLOBAL X Gold Explorers

iShares MSCI Global Gold Miners

Bank of Nova Scottia

Canadian Imperial Bank Comm

UBS Group AG

 BHP Group Ltd

BHP Group Limited

BHP Group Plc

Royal Gold, Inc. (NASDAQ:RGLD) Given Consensus Rating of "Moderate Buy" by Brokerages

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GOLD

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Gold prices steadied near a one-and-a-half-month low at $4,481.48 per ounce, impacted by high Treasury yields and a strong dollar. U.S. Vice President Vance noted progress in U.S.-Iran talks, while the Fed is expected to maintain interest rates this year. Investors await the minutes from the Fed's April meeting for insights on monetary policy. Spot silver, platinum, and palladium saw slight increases.

Fidelity

ZHONGJIN GOLD

Gold.com

Zijin Mining

Direxion Daily Gold Miners Bull 2X

EFUND GOLD MI ETF

Abrdn Gold ETF Trust

Microsectors Gold Miners 3x Leveraged ETN

Pro Ultr GLD

Roundhill Gold Miners Weeklypay ETF

Thomson Reuters

PRECIOUS-Gold steadies as high Treasury yields blunt Mideast peace hopes

Gold prices extend the previous session’s losses on a firmer dollar as a lack of progress in U.S.-Iran talks fueled inflation fears and expectations of higher interest rates.

SPDR GOLD TRT-U

EFUND GOLD MI-R

SPDR GOLD TRT-R

ChinaAMC CSI SH-SZ-HK Gold Industry Equity ETF

SPDR GOLD TRT

EFUND GOLD MI-U

Invesco Db Precious Metals ETF

Gold extends losses on rate fears

Gold prices are under pressure, with spot gold falling 0.3% to $4,467.59 and US gold futures down 0.9% to $4,471.10. The decline is attributed to rising US Treasury yields and a stronger dollar, which increase the opportunity cost of holding non-yielding gold. Despite these challenges, geopolitical risks and high oil prices keep the long-term bullish case for gold intact, as investors await signals from the Federal Reserve.

Invezz

Gold prices weaken: two big reasons bullion is under pressure

European stock futures fell as U.S. stocks retreated and bonds sold off amid inflation concerns linked to rising oil prices. A Bank of America report indicated a record rise in equity allocations. The U.S. dollar strengthened ahead of Fed minutes, while U.S. Treasurys remained steady despite selling pressure. Oil prices dipped amid geopolitical tensions, and gold fell due to higher yields and a firm dollar. Iron ore prices declined, reflecting concerns over China's infrastructure investment and potential impacts on steel exports.

- European stock futures are lower due to retreats in Asia and U.S. stocks, with concerns over rising oil prices and inflation remaining high.  
- Bank of America's report shows a record increase in equity allocations, while geopolitical tensions impact commodities like gold and oil.  
- The UN predicts weakened global economic growth, attributing the slowdown to ongoing Middle East conflicts affecting energy prices.

MorningStar

Occidental Petroleum

Bank of America

VanEck Oil Refiners ETF

ISHRS S&P Glb Engy

VG Energy

United States Oil Fund LP

iShares US Oil & Gas Expl & Prod

SPDR Energy Select

iShares US Oil Equip & Svcs

VanEck Oil Services ETF

Pro Ultr Bloomberg Crude Oil

SPDR S&P Mtls & Mng

SPDR O&G Equip

SPDR O&G Ex & Prd

Us Brent Oil

British Land Company PLC

Experian PLC

Severn Trent Plc

Marks and Spencer Group plc

NVIDIA

Australia and New Zealand Banking Group Limited

Experian plc

BANK OF AMERICA CORPORATION DEP SHS REP 1/1000TH INT NON CUM PFD QQ

BANK OF AMERICA CORPORATION DEP SHS REP 1/1200TH PRF SERIES '5'

BANK OF AMERICA CORPORATION 7.25% NON-CUM PERP CONV PFD SER L

BANK OF AMERICA CORPORATION 5.875%NON CUM DEP SHS REP1/1000TH SER HH

BANK OF AMERICA CORPORATION DEP SHS REP 1/1200TH PRF SERIES '2'

BANK OF AMERICA CORPORATION 5% DEP SHS REPR 1/1000TH NON CUM PFD LL

BANK OF AMERICA CORPORATION DEP SHARES REP 1/1000TH PERP PFD SER 'E'

BANK OF AMERICA CORPORATION INCOME CAPITAL OBLIG NTS DUE 15/12/2066

BANK OF AMERICA CORPORATION 4.375% DP SH RP 1/1000TH IN NON CU PF NN

BANK OF AMERICA CORPORATION DEP SH REP 1/1200TH PRF SER 1 USD25

BANK OF AMERICA CORPORATION 5.375%DEP SHS REP 1/1000TH NON CUM SR KK

BANK OF AMERICA CORPORATION 6%NON CUM DEP SHS EACH REP 1/1000 SER GG

BANK OF AMERICA CORPORATION DEP SHS REP 1/1200 PFD SER 4 USD25

BANK OF AMERICA CORPORATION DEP SHS REP 1/1000TH NON CUM PFD SER SS

BANK OF AMERICA CORPORATION 4.125%DEP SH REP 1/1000 PFD SER PP USD25

Bank of America Corp

NVIDIA Corporation

ANZ Group Holdings Limited

EMEA Morning Briefing: Bond Selloff Deepens

The suppression of the global economy by high oil prices is gradually becoming apparent, and the market may shift towards stagflation, which is expected to benefit gold prices. With the easing of the US-Iran conflict and a recovery in capital sentiment, gold price volatility has decreased. It is recommended to view gold as a long-term allocation tool to hedge against credit risk and inflation. Currently, the gold ETF ChinaAMC (518850) is underperforming, but it may present a layout opportunity during the fluctuation phase

同壁财经

High oil prices suppress the global economy, and the market is expected to shift towards stagflation, which will be favorable for gold

Gold edged higher on a possible technical recovery after front-month gold futures settled down 1% overnight.

Gold edges higher on possible technical recovery

Gold prices declined to around US$4,480 an ounce amid inflation concerns and expectations of interest rate hikes by global central banks due to the ongoing Iran conflict. The lack of progress in reopening the Strait of Hormuz has exacerbated these fears, leading to a sell-off in global bond markets. Gold has fallen 15% since the war began, while silver dropped 5% recently, reflecting heightened inflation worries.

Businesstimes News

Gold holds losses as Iran impasse keeps rate hike bets high

SPDR Gold Shares (NYSE:GLD) has outperformed the market by 6.62% annually over the past 5 years, yielding an average return of 18.47%. With a market cap of $149.82 billion, a $1000 investment in GLD five years ago would now be worth $2,337.54, highlighting the impact of compounded returns on cash growth.

benzinga_article

Here's How Much You Would Have Made Owning SPDR Gold Shares Stock In The Last 5 Years

ChinaAMC Gold ETF(518850.SH)