Ge Long Hui·2025-09-02 02:35Group 1 - The core viewpoint is that the A-share market for non-ferrous metals continues to rise, with significant gains in silver and gold stocks [1][2] - Silver and gold prices are strengthening, with spot gold prices surpassing $3,500 per ounce, marking a historical high and a year-to-date increase of over 33% [2][3] - Analysts indicate that macroeconomic and geopolitical factors are favoring precious metals, including India's sale of U.S. government bonds and increased gold reserves, as well as ongoing geopolitical tensions [3] Group 2 - Specific stock performances include: - Baiyin Nonferrous (601212) up 10.08% with a market cap of 31.5 billion and a year-to-date increase of 53.24% - Western Gold (601069) up 10.00% with a market cap of 22 billion and a year-to-date increase of 111.04% - Zhuhai Group (600961) up 8.82% with a market cap of 16.7 billion and a year-to-date increase of 97.46% - Hunan Silver (002716) up 7.59% with a market cap of 18.4 billion and a year-to-date increase of 92.33% [2]