Zhong Zheng Wang·2026-01-26 03:52Core Viewpoint - Gold prices continue to strengthen, with spot and futures prices both surpassing $5,090 per ounce, indicating a bullish trend in the gold market [1] Group 1: Market Performance - As of 11:15, the gold ETF Huaxia (518850) increased by 2.5%, the non-ferrous metal ETF (516650) rose by 4.67%, and the gold stock ETF (159562) gained 6.01% [1] - Hunan Gold, a major holding in these ETFs, hit the daily limit, while Zhongjin Gold and silver non-ferrous stocks both surged over 9% [1] - Other stocks such as Western Gold and copper-aluminum non-ferrous also showed significant upward movement [1] Group 2: Analyst Insights - Analysts from Bank of America noted that historically, during four previous gold bull markets, prices averaged a 300% increase over approximately 43 months [1] - Based on this historical trend, gold is projected to reach $6,000 per ounce by spring 2026 [1] Group 3: Technical Indicators - A MACD golden cross signal has formed, suggesting a positive momentum in the market for these stocks [1]