Core Viewpoint - The gold stocks have collectively opened higher, driven by increased safe-haven sentiment and rising expectations for interest rate cuts by the Federal Reserve, as international gold prices hit a new historical high [1] Group 1: Gold Stock Performance - Tongguan Gold (00340) rose by 5.24%, trading at HKD 2.41 [1] - Chifeng Gold (06693) increased by 5.08%, trading at HKD 29.4 [1] - Zhaojin Mining (01818) gained 4.4%, trading at HKD 28 [1] - China Gold International (02099) rose by 4.19%, trading at HKD 129.3 [1] - Shandong Gold (01787) increased by 3.63%, trading at HKD 32 [1] - Lingbao Gold (03330) rose by 3.53%, trading at HKD 16.15 [1] Group 2: Market Influences - International gold prices reached a new high, with New York futures gold surpassing USD 3600 per ounce and spot gold rising for six consecutive days, breaking the USD 3540 mark [1] - Weak U.S. economic data and negative evidence regarding Federal Reserve Governor Cook have increased market expectations for future monetary easing, supporting precious metal prices [1] Group 3: Upcoming Economic Indicators - The market is awaiting the upcoming non-farm payroll data, which is crucial for the Federal Reserve's September interest rate decision [1] - Morgan Stanley's latest report has set a year-end target price for gold at USD 3800 per ounce, emphasizing the strong negative correlation between gold and the U.S. dollar as a key pricing logic [1] - A continued depreciation of the dollar index is expected to directly benefit precious metals priced in dollars [1]
港股异动 | 黄金股集体高开 避险情绪及降息预期共振 国际金价刷新历史新高