Hua Xia Shi Bao·2026-01-28 12:13Core Viewpoint - The precious metals sector in A-shares has experienced a significant surge, with multiple stocks hitting the daily limit up, driven by strong international gold and silver prices and robust company earnings forecasts [2][3][4]. Group 1: Precious Metals Sector Performance - The precious metals sector has seen a remarkable performance in 2023, with stocks like Sichuan Gold achieving 7 limit-ups in 10 trading days, and Hunan Silver, Sichuan Gold, and Xiaocheng Technology all doubling in value [3][4]. - As of January 28, 2023, the year-to-date gains for Hunan Silver, Sichuan Gold, and Xiaocheng Technology were 180.35%, 139.99%, and 132.54% respectively, significantly outperforming the broader market index [3][4]. - The surge in the sector is attributed to the continuous rise in international gold and silver prices, which have reached historical highs, alongside strong earnings forecasts from listed companies [3][4][12]. Group 2: Company Earnings and Growth - Hunan Silver has shown impressive revenue growth, with projected revenues of 33.94 billion yuan in 2022, 51.39 billion yuan in 2023, and 83.13 billion yuan in 2024, reflecting year-on-year growth rates of 70.59%, 51.43%, and 61.76% respectively [6]. - Sichuan Gold's revenue has fluctuated but is on an upward trend, with a projected revenue growth rate of 49.43% for the first three quarters of 2025 [7]. - Xiaocheng Technology is also performing well, with expected year-on-year growth rates of 47.71% and 59.66% for 2024 and the first three quarters of 2025 respectively [7]. Group 3: Market Dynamics and Future Outlook - The strong performance of the precious metals sector is supported by a dual resonance of capital and fundamentals, with increased market activity and investment interest [7][12]. - The international gold price has shown a significant increase of nearly 70% in 2025, with spot gold prices surpassing 5,250 USD per ounce, marking a historical high [12]. - The price of silver has also reached a record high of over 116 USD per ounce, benefiting from its dual role as both a precious and industrial metal [12].