Group 1 - Gold stocks experienced a collective rebound in early trading, with notable increases in companies such as Zhaojin Mining (01818) up 4.91% to HKD 32.02, Zijin Mining (02899) up 3.33% to HKD 33.56, and Shandong Gold (01787) up 2.35% to HKD 36.56 [1][1][1] - The surge in gold prices is attributed to the ongoing U.S. federal government "shutdown," which has led to increased market optimism regarding the Federal Reserve's interest rate cuts and the prospect of global central banks increasing their gold holdings [1][1][1] - As of the close, the December gold futures price on the New York Commodity Exchange reached USD 4,359.4 per ounce, marking a 3.47% increase and setting a new intraday historical high [1][1][1] Group 2 - HSBC's recent commodity outlook report indicates that the upward momentum for gold is expected to continue until 2026, driven by strong gold purchases from central banks, ongoing fiscal concerns in the U.S., and expectations of further monetary easing [1][1][1] - HSBC has set a target price for gold at USD 5,000, reflecting the anticipated sustained demand and market conditions [1][1][1]