SD-GOLD(SH:600547) Sou Hu Cai Jing·2025-09-02 08:15Group 1 - Gold prices surged by 4.78% in August, marking the best monthly performance since April, attracting global investor attention [1] - On September 2, spot gold prices broke through $3,500 per ounce, reaching a high of $3,508.69 per ounce, while COMEX gold hit $3,578.4 per ounce [1] - Domestic gold mining companies reported significant growth in performance, with several companies doubling their earnings in the first half of the year [3][4] Group 2 - Five large gold mining companies reported net profit growth rates between 48% and 67%, while another five companies saw growth rates exceeding 100%, driven by rising gold prices and increased production [4] - Shandong Gold's half-year report showed a revenue of 56.766 billion yuan, a year-on-year increase of 24.01%, and a net profit of 2.808 billion yuan, up 102.98% year-on-year [4] - Other listed gold mining companies, such as Zhongjin Gold and Hunan Gold, also reported year-on-year growth in revenue and profits, attributing this to rising gold prices and a shift in consumer preferences for gold jewelry [5] Group 3 - Analysts predict that the Federal Reserve is likely to restart interest rate cuts in September, which could benefit gold prices [7] - The recent surge in precious metals is driven by macroeconomic and policy factors, including cooling U.S. employment data and dovish comments from Federal Reserve officials [8] - Concerns over U.S. trade policies and geopolitical complexities are expected to provide additional support for precious metals as safe-haven assets [8]