洛阳钼业（603993）涨幅扩大至5.06%，工业有色ETF(560860)持有该股票7.93%，当前跌幅为0.25%， 成交额749.42万元，较昨日此时放量37.40%，近1月份额减少26.29%，减少1.72亿份。 涨疯了！黄金行情爆发中 一键布局买入避险资产>>> ...

Group 1 - The ETF market showed mixed performance with mining ETFs leading the gains at 3.06% [1] - Gold fund ETFs also performed well, increasing by 2.77% [1] - The CSI 2000 ETF from Fuguo rose by 2.60% [1] Group 2 - On the downside, the Hang Seng ETF from E Fund fell by 4.6% [1] - The Hong Kong Enterprise ETF decreased by 3.21% [1] - The Hong Kong Stock Connect 100 ETF dropped by 2.99% [1]

Core Viewpoint - The recent surge in international gold prices, reaching a historic high of $3,442 per ounce, has led to significant increases in the prices of gold jewelry and a strong performance in the A-share gold sector, driven by heightened investor demand for gold as a safe-haven asset amid global economic uncertainties [2][3][6]. Gold Price Surge - As of April 21, COMEX gold futures prices have increased by 30% year-to-date, positively impacting the profit margins of gold mining companies [3]. - Shandong Gold expects a net profit of 950 million to 1.13 billion yuan for Q1 2025, representing a year-on-year growth of 35.74% to 61.45% [3]. - Zijin Mining reported a revenue of 78.928 billion yuan for Q1 2025, up 5.55% year-on-year, with a net profit of 10.167 billion yuan, marking a 62.39% increase [3]. - Hunan Gold anticipates a net profit of 325 million to 374 million yuan for Q1 2025, a growth of 100% to 130% compared to the previous year [3]. Market Dynamics - The rising gold prices are expected to create a positive feedback loop of performance realization and valuation enhancement in the gold sector [4]. - Increased gold prices are likely to concentrate resources among leading companies, which can leverage technological upgrades to reduce mining costs and enhance profit elasticity [5]. Impact on Retail Sector - The rise in gold prices may negatively affect gold retail companies, as higher procurement costs could lead to inventory buildup and cash flow difficulties [5]. - Consumers are shifting towards lower-cost gold bars and ETFs, sidelining high-premium gold jewelry [5]. Dollar Index and Economic Factors - The dollar index has fallen to a three-year low, which supports gold prices as investors seek alternatives amid declining confidence in U.S. assets [6][8]. - Factors contributing to the dollar's weakness include rising inflation expectations and potential economic recession, prompting investors to allocate more funds to gold [7][8]. Long-term Outlook - Analysts maintain a bullish outlook on gold prices, citing ongoing geopolitical tensions and economic uncertainties as key drivers [9][10]. - The market anticipates that the Federal Reserve may not raise interest rates in the near term, with expectations of potential rate cuts later in the year, further supporting gold demand [9][11].

商报讯(记者苗露)近段时间的黄金价格似乎是坐上了一路上行的过山车，涨势惊人。昨日盘中，现货黄 金持续冲高，纽约期金站上3400美元/盎司，续创历史新高。受其影响，A股市场黄金板块也出现持续大 涨，截至昨日下午收盘，晓程科技（300139）20cm涨停，四川黄金（001337）、赤峰黄金 （600988）、西部黄金（601069）等近10股涨停。业内人士认为，黄金股与金价背离或将终结，黄金股 重估开启。从短期来看，美国关税政策不确定性提升黄金避险需求，但需谨防短期黄金大幅波动。从长 期来看，黄金价格走势与通胀、全球央行购金、美国债务赤字问题等多因素相关。 金价续创新高近10只黄金股涨停 黄金又涨疯了。昨日，现货黄金持续冲高，纽约期金站上3400美元/盎司，续创历史新高。伦敦现货黄 金开盘后持续上行，首次突破3370美元/盎司。国内沪金主力合约升破800元/克，同样再创新高。截至 昨日17时35分，现货黄金报3395.25美元/盎司，涨2.05%，COMEX黄金报3405.7美元/盎司，涨超2.3%。 受其影响，昨日A股市场黄金概念板块也出现持续高涨。据同花顺（300033）数据，截至昨日下午收 盘，黄金概念板块 ...

Core Viewpoint - The spot gold price reached an unprecedented high of $3,400 per ounce on April 21, 2025, marking a historic milestone and sparking widespread discussion among investors regarding future gold price trends [1][3]. Price Movement and Technical Analysis - Since the beginning of the year, gold prices have shown a steady upward trend, with a 2.2% increase leading to the record price of $3,400 per ounce as of April 21 [3]. - The relative strength index (RSI) indicates that gold is currently in an overbought state, and low trading volume may exaggerate price movements, yet buyers remain strong [3]. - A daily close above $3,400 per ounce is necessary for buyers to target the psychological level of $3,450 per ounce [3]. Factors Driving Gold Price Increase - The escalation of trade wars has heightened tensions among global economies, increasing demand for gold as a safe-haven asset [4]. - The U.S. dollar's credit crisis, with a fiscal deficit rate exceeding 6.6% and the dollar index dropping to 98.5, has diminished the dollar's attractiveness [4]. - Central banks, particularly the People's Bank of China, have increased gold reserves, indicating sustained interest in gold [4]. - Uncertainty in Federal Reserve monetary policy has also contributed to the upward pressure on gold prices [4]. Future Outlook - Experts and institutions maintain an optimistic view on the medium to long-term trajectory of gold prices, with UBS raising its year-end price forecast to $3,500 per ounce and suggesting a potential extreme scenario of $4,000 per ounce [5]. - However, there are warnings about the risks of crowded long positions in the short term, particularly in domestic markets, as overseas events may continue to disrupt the market [5]. - It is advised that investors diversify their asset portfolios while rationally assessing their risk tolerance and liquidity, avoiding excessive speculative asset allocation [5].

"高烧"的金价带动以此为基准的银行积存金不断上调购买"门槛"，年初至今已有多家银行陆续采取行动， 调整后，积存金起购金额普遍涨至750—800元之间，亦有银行达到1000元。分析人士预计，后续金价仍将 震荡上行，积存金起购金额仍有上调可能，建议投资者可以考虑逢低酌情买入，避免过度追高。 国际金价涨至3400美元关口 2025年，国际金价一路高歌猛进，4月21日，伦敦现货黄金、COMEX黄金期货触及3400美元关口，与此同 时，国内金价同步上涨，沪金期货主力合约等首度涨破800元/克。 国际金价继续刷新历史新高，4月21日，伦敦现货黄金、COMEX黄金期货再次创下纪录，截至19:45时，盘 中分别最高涨至3404美元/盎司、3409美元/盎司。 积存金业务是指银行根据客户申请，为客户开立积存金账户，记录客户在一定时期内存入一定重量黄金的 负债类业务。客户可采取主动积存或定投的方式从银行买入黄金存入积存金账户，积存的黄金支持卖出或 兑换成等值的实物黄金。 受金价波动影响，兴业银行4月16日起，调整积存金活期及普通定期业务按金额购买方式的购买起点金 额，按金额交易时，单次购买、新增定投购买起点由800元起调整为90 ...

现货黄金上破3420美元/盎司关口，续刷历史新高，日内拉升逾90美元，今年迄今累涨超30%。 涨疯了！黄金行情爆发中 一键布局买入避险资产>>> ...

涨疯了！黄金行情爆发中 一键布局买入避险资产>>> 上期所黄金期货主力合约向上突破810元/克关口，再创历史新高！现涨1.56%，连续第十二个交易日上 涨，今年迄今累计涨超30%。 ...

涨疯了！黄金行情爆发中 一键布局买入避险资产>>> 现货黄金上破3410美元/盎司关口，再创历史新高，日内涨幅扩大至2.4%，本月累计涨超9%，今年迄今 累约30%。 ...

Group 1 - The international spot gold price has surpassed $3,387 per ounce, doubling from the low in 2022, with a year-to-date increase of 28.3% [2] - Domestic gold jewelry prices have reached a historical high of 1,040 yuan per gram, reflecting a significant market trend [2] - The surge in gold prices is attributed to multiple factors including geopolitical conflicts, a crisis in dollar credibility, a global central bank gold-buying spree, and shifts in monetary policy [2] Group 2 - Geopolitical risks have escalated, with tensions in the Middle East and the Iran nuclear facility attack causing a single-day gold price spike of 3% [2] - The ongoing Russia-Ukraine conflict and the intensifying US-China trade war are increasing market demand for safe-haven assets like gold [2] - The World Bank estimates that if the trade war continues, global GDP growth could decline by 1.8% by 2025, further driving investment into gold due to supply chain disruptions [2] Group 3 - Global central banks have net purchased 420 tons of gold from January to April 2025, with emerging markets like China and India increasing their gold reserves [3] - China's central bank gold reserves have risen to 4.9%, the highest in 20 years, indicating a trend towards de-dollarization and gold as a sovereign credit stabilizer [3] - The risk of stagflation and recession is prompting investors to view gold as a hedge against inflation, with the US March CPI rising by 3.5% [3] Group 4 - The international and domestic gold markets are experiencing significant price increases, with London gold rising by 2.1% and COMEX gold futures surpassing $3,315 [5] - Demand for investment gold bars has surged by 27.1%, while gold jewelry consumption has decreased by 20% due to high prices [5] - Lightweight investment products, such as 10-50 gram gold jewelry and "gold beans," are gaining popularity, with sales increasing by 12%-20% [5] Group 5 - Analysts predict bullish trends for gold prices, with Goldman Sachs forecasting prices could reach $3,700-$4,000 by the end of 2025, and UBS projecting $3,400-$3,500 [5] - The long-term bull market for gold is supported by central bank purchases and ongoing geopolitical risks [5] - Despite the bullish outlook, some institutions warn of potential technical corrections in gold prices, which could face a 10%-15% decline if the Federal Reserve changes its policy or geopolitical tensions ease [5] Group 6 - The doubling of gold prices over the past 30 months reflects a restructuring of the global economic order and a collective market response to uncertainty [7] - While short-term volatility risks are increasing, long-term support for gold remains strong due to de-dollarization, stagflation threats, and prolonged geopolitical conflicts [7] - Investors are advised to maintain a rational approach in asset allocation amidst the current market fervor [7]