Core Viewpoint - The Hong Kong gold stocks are experiencing a strong rally, driven by rising silver prices and expectations of potential interest rate cuts by the Federal Reserve [1] Group 1: Market Performance - China Silver Group surged by 8.5%, leading the gains among gold stocks [1] - Zhaojin Mining increased by 7.3%, reaching a new historical high [1] - Other companies such as Shandong Gold, Lingbao Gold, China Gold International, and Zijin Mining also hit historical highs [1] Group 2: Commodity Prices - The strong upward trend in spot silver prices is approaching $40 per ounce, with a potential breakthrough imminent [1] - The market is preparing for significant upcoming events, including important U.S. data releases and the FOMC meeting [1] Group 3: Federal Reserve Expectations - There is a growing consensus that the Federal Reserve may initiate one or two interest rate cuts within this year, which would support commodity prices, including gold and silver [1] - Several international financial institutions are bullish on gold prices, with UBS raising its target for gold prices to $3,700 per ounce by mid-2026 [1] - Bank of America analysts predict that gold prices could reach $4,000 per ounce by mid-2026 [1]
港股异动丨黄金股强势 招金矿业、灵宝黄金等多股再创新高