Gold market heats up again 9x leverage on gold warrants

Gold continues to hover at high levels after hitting new highs, and U.S. stocks remain strong. However, the Fed has started its interest rate cut cycle, and the investment community remains bullish on gold. Some major banks have pointed out that the start of the rate cut cycle will benefit metals like gold and copper, expecting both volume and prices to rise for companies' copper and gold businesses. Additionally, the Grasberg copper mine shutdown continues to unfold, accounting for about 3.5% of global copper production, which is expected to further widen the copper supply gap from Q4 2025 to 2026. Goldman Sachs predicts global copper supply will decrease by 500,000 tons in the next 12-15 months. Precious metal stocks surged, with $JIANGXI COPPER(00358.HK) $ZIJIN MINING(02899.HK) rising steadily. Active Zijin warrants in the market still have relatively low street supply, such as $ BPZIJIN@EC2604A.HK , with a strike price of 38.88, expiring in March next year, offering over 4x leverage. For direct gold exposure, there are also warrants, with high-leverage options like $ BP-GOLD@EC2601A.HK offering 9x leverage, priced below 0.25 HKD, with small tick movements. For more conservative long-term exposure, $ BP-GOLD@EC2603A.HK offers 6x leverage.