Core Viewpoint - The Hong Kong gold stocks experienced a collective rise, driven by a significant increase in spot gold prices and positive forecasts from major financial institutions regarding metal prices [1] Group 1: Market Performance - Shandong Gold surged over 6%, Zhaojin Mining rose nearly 5% to reach a historical high, Zijin Mining increased by 3.6%, and Chifeng Jilong Gold gained 2.8% [2] - Other companies such as Zijin Gold International, China National Gold, and Tongguan Gold also saw increases in their stock prices [1] Group 2: Price Forecasts - Spot gold prices have returned above $4,470 per ounce, supported by factors such as supply-demand imbalance and anticipated interest rate cuts by the Federal Reserve [1] - Barclays has significantly raised its price forecasts for various metal commodities, indicating ongoing support for rising metal prices [1] - Morgan Stanley predicts that gold prices will reach $4,800 per ounce by Q4 2026, driven by declining interest rates, changes in Federal Reserve leadership, and continued buying by central banks and funds [1]