Core Viewpoint - Chow Tai Fook (01929) shares have risen over 4%, currently at HKD 16.42, with a trading volume of HKD 307 million, driven by rising gold prices and anticipated price increases in gold jewelry [1] Company Summary - Chow Tai Fook and other major jewelry brands are set to increase the prices of gold jewelry by 10%-35% starting mid to late October due to rising demand and supply constraints [1] - The company's stock performance reflects market optimism, with a current increase of 4.39% [1] Industry Summary - The gold jewelry industry is expected to see a year-on-year growth of 16.8% by August 2025, supported by low base effects and rising gold prices [1] - The overall sales scale of the industry is projected to improve, particularly for fashionable gold products that appeal to younger consumers and are less sensitive to gold price fluctuations [1]

该行同时将2026年黄金均价预期从3125美元/盎司上调至3950美元/盎司，上调幅度达26%。 智通财经APP获悉，由于对经济中信贷质量的担忧加剧以及地缘政治紧张局势推动了避险需求增加，再 加上投资者纷纷押注美联储今年可能实施一次大幅降息，黄金与白银价格均触及历史新高。 数据显示，周五亚洲早盘，现货黄金一度上涨1.2%，至每盎司4379.96美元，创下历史新高，并有望创 下自2020年以来的最大单周涨幅。现货白银则小幅上涨，触及每盎司54.3775美元的历史高位后回吐了 部分涨幅。 汇丰则是最新一家上调黄金目标价的大行。汇丰将其对2025年黄金均价的预期由3215美元/盎司上调至 3355美元/盎司，原因是地缘政治紧张、经济不确定性以及美元走弱。 招商证券发布研究报告称，无论从抗通胀、避风险等短期价格决定因素，还是从货币和金融等长期价格 决定因素，预计黄金价格有望在未来继续创新高。短期内，招商证券预计受避险情绪的影响，黄金价格 会继续维持强势。而中长期内，有三方面因素继续推动黄金价格中枢上移。 黄金及贵金属相关港股： 紫金矿业(02899)、资金黄金国际(02259)、山东黄金(01787)、招金矿业(01 ...

(资料图) 新京报贝壳财经讯（记者徐雨婷）10月16日晚，金价再次刷新历史纪录，现货黄金日内涨幅达 1.5%，盘中报4271.1美元/盎司。COMEX黄金期货涨幅达2%，盘中报4286.3美元/盎司。国内上海黄金 交易所Au99.99最高触及975元/克。 编辑 陈莉 标签： 涨幅 涨超 陈莉 历史纪录 金价 现货 突 10月以来，黄金"狂欢"仍在继续。继月初现货黄金首次突破4000美元/盎司大关，10月15日， COMEX黄金盘中突破4200美元/盎司。 ...

Core Viewpoint - The report from China Merchants Securities indicates that gold prices have surged due to the U.S. government shutdown and Trump's announcement of a 100% tariff increase on China, with spot gold prices surpassing $4,000 per ounce and reaching a historical high of $4,059 per ounce [1] Group 1: Short-term Factors - The short-term price determinants for gold include anti-inflation and risk-averse sentiments, which are expected to keep gold prices strong in the near term [1] - The current U.S. government debt has reached a leverage ratio of 107.7%, allowing authorities to utilize the dollar's status as a global currency to reduce actual debt burdens through depreciation [1] Group 2: Long-term Factors - Three long-term factors are anticipated to drive the upward movement of gold prices: the high U.S. government debt, the depreciation of the dollar since the pandemic, and the increasing global central bank purchases of gold, which have totaled 4,340.3 tons since the pandemic [1] - The share of gold in foreign exchange reserves has risen to 22.37%, an increase of approximately 5 percentage points over the past year, reflecting a revival of gold's monetary attributes post-Bretton Woods [1] Group 3: Market Dynamics - Global gold ETFs have started buying gold since Q3 2024, with a total net purchase of 1,490.01 tons from Q3 last year to Q2 this year, accounting for 34.3% of the total net purchases by global central banks over the past five years [2] - The anticipated interest rate cuts by the Federal Reserve, with expectations of two more cuts this year, are likely to influence gold prices negatively correlated with U.S. Treasury yields and the dollar index [2] - The reversal of price deflation policies in China is expected to alleviate downward price pressures globally, further supporting gold prices [2]

10月17日凌晨3:55左右，现货黄金突破4300美元/盎司。6:20，现货黄金涨破4370美元/盎司，再创历史新高。 来源：智通财经、新黄河客户端 ...

（责任编辑：张晓波 ） 【免责声明】本文仅代表作者本人观点，与和讯网无关。和讯网站对文中陈述、观点判断保持中立，不对所包含内容 的准确性、可靠性或完整性提供任何明示或暗示的保证。请读者仅作参考，并请自行承担全部责任。邮箱： news_center@staff.hexun.com 每经AI快讯，10月17日，现货黄金继续上涨突破4330美元/盎司，日内涨2.9%。 每日经济新闻 ...

Core Insights - Gold prices have reached a new historical record, with spot gold increasing by 1.5% to $4,271.1 per ounce and COMEX gold futures rising by 2% to $4,286.3 per ounce [1] - The surge in gold prices has continued throughout October, with spot gold first breaking the $4,000 per ounce mark at the beginning of the month and COMEX gold futures surpassing $4,200 per ounce on October 15 [2] Price Movements - On October 16, spot gold hit a peak of $4,271.1 per ounce, while COMEX futures reached $4,286.3 per ounce [1] - The Shanghai Gold Exchange reported that Au99.99 reached a maximum of 975 yuan per gram [1] Market Trends - The ongoing "celebration" in the gold market has been evident since the start of October, indicating strong investor interest and demand for gold as a safe-haven asset [2]

Core Viewpoint - The international gold price has reached a new high, surpassing $4250 per ounce, with a year-to-date increase of over 60%, while silver prices have risen by over 83% this year [1] Market Performance - International gold prices have broken through $4250 per ounce, with a weekly increase of over $210 [1] - Domestic gold prices closed at 967.29 yuan per gram, with a rise of 1.79%, while silver prices exceeded 12000 yuan per kilogram [1] - The trading activity in the spot, futures, and equity markets has increased significantly [1] Investment Trends - The total scale of domestic gold-themed ETFs has surpassed 200 billion yuan, attracting over 80 billion yuan this year [1] - The number of shares in three gold stock ETFs has doubled this year, increasing from 346 million shares to 1.36 billion shares [1] - Since October 9, net inflows into gold-themed ETFs have exceeded 10 billion yuan [1] Market Dynamics - The largest global gold ETF has seen an increase in holdings by 40 tons since the beginning of the year, totaling 1022.60 tons as of October 15, though still below historical highs [1] - The largest global silver ETF's holdings have increased by nearly 1000 tons since the start of the year, but still fall short of previous peaks by over 5600 tons [1] Economic Influences - Expectations of a Federal Reserve interest rate cut are rising, with predictions of a 25 basis point reduction by the end of October [1] - Market sentiment is bolstered by comments from Federal Reserve Chairman Jerome Powell confirming the likelihood of rate cuts [1] Future Projections - Analysts predict that gold prices may exceed $4500 per ounce by Q1 2026 and could reach $6000 per ounce by 2030 [1] - A potential short-term pullback in gold prices is anticipated if the U.S. government reopens, although the decline is expected to be limited [1]

10月16日，上海黄金交易所发布公告称，近期影响市场不稳定的因素较多，国际贵金属价格波动剧烈。请各会员提高风险防范意识，继续做好风险应急预 案，维护市场平稳运行。同时，提示投资者做好风险防范工作，合理控制仓位，理性投资。 10月以来，黄金价格不断被刷屏并登上热搜。 10月15日，国际金价创新高，伦敦现货黄金历史上首次冲破4200美元/盎司，收盘价格为4206.57美元/盎司；10月16日，现货黄金价格站上4200美元/盎司 的价格之后继续上升，截至16时18分，现货黄金价格为4232.64美元/盎司，年内涨幅已超过61%。 国内多个品牌足金饰品价格也突破1200元每克，最高达到1248元/克。记者登录实时金价小程序发现，多个品牌金的价格相较上一日涨幅在12元/克附近。 截至16时26分，老凤祥价格为1245元/克，相较上一日上涨15元/克；老庙黄金相较上一日上涨13元/克，价格在众多品牌金中最高，达到了1248元/克。 ...

10月16日，现货黄金盘中一度涨超1%，触及4250美元/盎司，续刷历史新高。现涨幅收窄至0.78%，报 4239.39美元/盎司。 ...