Core Viewpoint - The majority of gold stocks have risen significantly, driven by historical highs in gold prices and various geopolitical and economic factors [1] Group 1: Gold Stock Performance - Zhenfeng Gold (01815) increased by 11.05%, reaching HKD 2.11 - Tongguan Gold (00340) rose by 8.74%, reaching HKD 3.11 - Zijin Mining (02899) saw a 4% increase, reaching HKD 33.28 - Zijin Gold International (02259) increased by 3.78%, reaching HKD 142.6 - Lingbao Gold (03330) rose by 1.28%, reaching HKD 19.82 [1] Group 2: Gold Price Movement - On October 15, spot gold prices briefly surpassed USD 4,190 per ounce, with a daily increase of over 1% - New York futures gold also broke the USD 4,200 per ounce mark, both achieving historical highs [1] Group 3: Factors Supporting Gold Prices - The ongoing escalation of US-China tariff trade tensions - Increased geopolitical uncertainties globally - Market expectations of a potential interest rate cut by the Federal Reserve [1] Group 4: Federal Reserve Insights - Federal Reserve Chairman Jerome Powell indicated a worsening labor market and retained the possibility of a rate cut this month - Powell also suggested that the Fed may halt its balance sheet reduction in the coming months - Analysts believe Powell's remarks reinforce expectations for further rate cuts, keeping the Fed on track for potential reductions [1]
港股异动 | 黄金股多数走高 多重因素助金价再创新高 机构称贵金属仍处于长期牛市