Group 1 - The core viewpoint of the article highlights the recent surge in gold stocks, driven by a significant increase in international gold prices and concerns over the U.S. economy transitioning from resilience to recession [1] Group 2 - As of the report, the stock prices of several gold companies have risen: China Gold International increased by 6.55% to HKD 75.65, Chifeng Jilong Gold Mining rose by 5.76% to HKD 25.46, Tongguan Gold climbed by 3.68% to HKD 1.97, and Lingbao Gold gained 2.52% to HKD 10.97 [1] - The spot gold price reached USD 3,386 per ounce, reflecting a 0.5% increase on the day of the report [1] Group 3 - Tianfeng Securities' research report indicates that the primary driver for the current rise in gold prices is the downward revision of U.S. economic data for May and June, suggesting a deteriorating economic backdrop [1] - The outlook for gold remains positive, with potential catalysts on the horizon, including challenges to the independence of the Federal Reserve and ongoing pressure from Trump on Powell's position [1] - Citigroup has adjusted its bearish forecast on gold, now predicting that due to worsening U.S. economic conditions and tariffs potentially increasing inflation, gold prices may rise to record highs in the short term [1]