Gold still rose 2.8% after the temporary ceasefire between the US and Iran, indicating that the market doubts the sustainability of the ceasefire, with some capital insisting on holding gold to hedge against the risk of a "ceasefire breakdown"—this is a clear supportive signal for gold stocks.

Shandong Gold and Chifeng Gold are leading traditional mining companies, highly sensitive to gold price fluctuations; Lingbao Gold has strong cost control capabilities, forming a preference base for risk-averse investors. Laopu Gold belongs to the gold jewelry retail sector, more influenced by domestic consumer sentiment, and its correlation with raw gold prices is weaker than that of mining companies. Zijin Gold International, backed by the Zijin Mining system, has significant synergistic effects.