Group 1 - Gold stocks have strengthened again, with Shandong Gold rising 5.25% to HKD 38.06, Zhaojin Mining up 3.72% to HKD 33.48, Lingbao Gold increasing 3.54% to HKD 19.57, and Chifeng Jilong Gold up 2.95% to HKD 32.78 [1] - On December 22, COMEX gold prices broke through USD 4,450, setting a new high [1] - Federal Reserve Governor Milan warned that if the U.S. central bank does not continue to lower interest rates next year, it may increase the risk of an economic recession [1] Group 2 - Xinyuan Fund stated that the foundation for a gold bull market remains unchanged, but short-term volatility may increase [2] - If the U.S. core PCE continues to decline, it will solidify expectations for two 25 basis point rate cuts in the first half of 2026, with gold prices likely to test the USD 4,400 level [2] - The upcoming nomination of a new Federal Reserve chairman by Trump is expected to lean more dovish, alongside expanding U.S. fiscal deficits and high debt levels, indicating that the actual interest rates and the U.S. dollar index are likely entering a downward cycle, maintaining the investment value of gold [2]
黄金股再度走强 理事建议美联储采取更鸽派立场 机构指黄金配置价值依旧突出
Zhi Tong Cai Jing·2025-12-23 03:23