天风证券认为黄金价格驱动因素主要有四项：央行等官方机构购买、实际利率、对冲通胀的需求、对冲 经济和政治不确定性的需求。近几年，由于全球地缘冲突和政治政策风险上升，黄金作为"对冲不确定 性"的工具，以及央行"去美元化"和黄金购买，成为推动价格走势的重要因素。 今日（5日），部分国内黄金品牌金饰价格已在1130元/克左右：记者在各品牌官网看到，周生生足金饰 品价格为1132元/克；老庙足金饰品价格为1129元/克；周大福足金（饰品、工艺品类）价格为1131元/ 克。 时值国庆、中秋假期，多家品牌金店推出了优惠活动。周大生一门店销售人员表示，部分门店假期期间 黄金每克优惠160元，黄金换款折旧费全免，定价类商品最低享受8.8折优惠。周大福门店销售人员指 出，假期期间，在店铺购买指定定价类黄金享受9折优惠，指定计价黄金可享受每克70元优惠。 据智通财经报道，此次金价上涨的主要原因是，美国政府关门加剧了人们对财政的担忧，并给美元带来 了压力。 央广网北京10月5日消息（记者 冀文超）金价本周再创新高。Wind数据显示，截至发稿，COMEX黄金 期货价格报3912.1美元/盎司，当日上涨1.14%；本周触及 3923.3 ...

Group 1 - The core viewpoint of the article highlights the significant surge in gold prices, driven by various factors including geopolitical tensions and central bank purchases, which has led to a notable impact on global markets and U.S. debt dynamics [1][3][4] Group 2 - The recent spike in gold prices is characterized as a long-term trend, with a 27% increase in 2024 and a further 14% rise in early 2025, marking a historical breakthrough above $3000 per ounce [1][3] - The driving forces behind this gold price increase include a global central bank gold buying spree, a weakening U.S. dollar, and rising concerns over the U.S. economy, with gold being viewed as a safe haven asset [3][4] Group 3 - The U.S. holds approximately 8000 tons of gold reserves, valued at over $1 trillion, which has improved its balance sheet significantly due to the recent price surge [4] - The rising gold prices are expected to indirectly alleviate U.S. debt pressures through mechanisms such as dilution effects, favorable financing conditions, and potential support for the dollar's status [4] Group 4 - The interaction between gold prices and U.S. reserves has triggered a "butterfly effect" across global markets, impacting currencies, commodities, and stock markets [5][6] - The U.S. dollar index has faced downward pressure due to rising gold prices, while other currencies like the Chinese yuan have seen temporary rebounds [5] - The commodity market has shown mixed reactions, with silver prices rising significantly, while oil prices are influenced more by geopolitical factors than gold [5][6]

Group 1 - International gold prices have reached new highs, with jewelry gold prices also rising significantly, surpassing 1100 yuan per gram during the National Day and Mid-Autumn Festival holidays [1][2] - As of October 3, COMEX gold closed at 3912.1 USD per ounce, marking a weekly increase of 2.71% [1] - Analysts attribute the rise in gold prices to expectations of further interest rate cuts by the Federal Reserve and a weakening dollar [1][4] Group 2 - During the holiday period, major jewelry brands quoted gold prices around 1130 yuan per gram, with promotional activities in place despite high prices [2][3] - Specific promotions included discounts on gold jewelry and diamond products, with some brands offering significant price reductions [2][3] - The global gold ETF holdings have seen the fastest growth in three years, with a notable increase of nearly 27 tons in a single day, driven by inflows from North America and Europe [4] Group 3 - UBS forecasts a bullish trend in the gold market, predicting prices could reach 4200 USD per ounce by mid-2026, supported by a weaker dollar and increased central bank purchases [5] - Factors supporting precious metals include heightened demand for safe-haven assets due to economic uncertainties and ongoing central bank purchases [5] - Inflation expectations, while not the primary driver currently, could further enhance gold's value as a hedge against inflation if persistent high inflation occurs in the U.S. [5]

Group 1 - COMEX gold futures rose by 1.14% to $3912.1 per ounce, with a weekly increase of 3.23% [1] - COMEX silver futures increased by 3.45% to $47.97 per ounce, with a weekly rise of 3.46% [1] Group 2 - Domestic gold jewelry brands have reached new highs in gold price per gram, with Chow Sang Sang at 1136 yuan, Chow Tai Fook at 1129 yuan, and Lao Feng Xiang at 1131 yuan [3] Group 3 - BMO Capital Markets raised its fourth-quarter price forecasts for gold and silver, citing geopolitical and economic turmoil as key drivers for unprecedented gold price increases [7] - The average gold price is projected to reach $3900 per ounce in Q4 2025, an 8% increase from previous forecasts, and $4400 per ounce in 2026, a 26% increase [7] - UBS also predicts a bullish trend for the gold market, forecasting a price of $4200 per ounce by mid-2026, driven by a weaker dollar, central bank purchases, and increased ETF investments [7]

Core Viewpoint - The article highlights the recent surge in international gold prices and the successful IPO of Zijin Mining's overseas gold assets, which is seen as a significant opportunity in the gold sector amid rising gold prices [2][6]. Group 1: Zijin Mining and Zijin Gold International - Zijin Mining's overseas gold assets were listed on September 30, with Zijin Gold International's stock price rising to 139.6 HKD per share, giving it a market capitalization of 366 billion HKD [2]. - After the IPO, Zijin Mining retains an 86.7% stake in Zijin Gold International, which focuses on the mining, refining, and sales of its overseas gold assets [2][6]. - Zijin Gold International holds eight overseas gold mines, ranking ninth in global gold reserves and eleventh in gold production as of the end of 2024 [6]. Group 2: Financial Performance - Zijin Gold International's revenue is projected to grow from 1.818 billion USD in 2022 to 2.99 billion USD in 2024, with net profit increasing from 290 million USD to 621 million USD during the same period [6]. - The company's gross profit margin fluctuated, with rates of 34.1%, 26.2%, and 37.9% over the past three years, primarily driven by gold sales, which contribute over 94% of its revenue [6]. Group 3: Market Reception and Investment - The IPO attracted significant interest, with 29 cornerstone investors subscribing approximately 12.4 billion HKD, making it the second-largest IPO in Hong Kong this year after CATL [7]. - The article notes that the gold sector has seen positive performance, with other gold companies also experiencing stock price increases following their listings [12]. Group 4: Debt and Acquisition Strategy - Zijin Gold International has a total debt of 3.239 billion USD as of mid-2025, with a debt-to-asset ratio consistently above 43% during the reporting period [9]. - The company continues its acquisition strategy, having recently purchased the Raygorodok gold mine in Kazakhstan for 1.2 billion USD, funded through loans [9]. Group 5: Risks and Challenges - The company faces geopolitical risks and potential theft of resources, operating in multiple countries including Colombia, Australia, and Ghana, which could adversely affect its business and financial performance [10].

Core Viewpoint - International gold prices continue to rise, with COMEX gold futures surpassing $3,900, reaching a historic high, benefiting companies like Zijin Mining through its overseas gold asset spin-off listing [1][2] Company Overview - Zijin Mining's overseas gold assets were spun off and listed as Zijin Gold International on September 30, 2023, with Zijin Mining retaining an 86.7% stake [1][2] - Zijin Gold International is considered a "pure gold stock" and holds eight overseas gold mines, ranking ninth in global gold reserves and eleventh in gold production as of the end of 2024 [2] Financial Performance - Zijin Gold International's revenue is projected to grow from $1.818 billion in 2022 to $2.99 billion in 2024, with net profit increasing from $290 million to $621 million during the same period [2] - The company's gross margin fluctuated from 34.1% in 2022 to 26.2% in 2023, and is expected to rise to 37.9% in 2024, with over 94% of revenue coming from gold sales [2] Market Reception - The IPO of Zijin Gold International attracted significant interest, with 29 cornerstone investors subscribing approximately HKD 12.4 billion, making it the second-largest IPO in Hong Kong this year [3] Acquisition Strategy - Zijin Gold International continues its aggressive acquisition strategy, recently acquiring the Raygorodok gold mine in Kazakhstan for $1.2 billion, funded through loans [4] - The company reported total liabilities of $3.239 billion as of mid-2025, with a debt-to-asset ratio consistently above 43% during the reporting period [4] Risks - The company faces geopolitical risks and theft risks due to its operations in multiple countries, which could adversely affect its business and financial performance [5] Industry Trends - The gold sector has seen strong performance in 2023, with other gold companies also experiencing significant stock price increases [6] - Gold prices have surged, with COMEX gold futures reaching a high of $3,923 per ounce, reflecting a year-to-date increase of over 40% [6]

当天，记者走访深圳水贝市场发现，金饰金价已经达到每克888元。与此对比的是，9月初水贝市场的金饰克价在796元左右。在价格攀升的同时，现场的 人气稍显不足，但商家们表示，假期刚刚开始，预计假期中间时段的人气最高。 "我们也没想到金价越涨越高。"一位水贝市场金饰柜台的负责人表示，"留深和来深过节的人越来越多，最近几天来买黄金的顾客就有不少是来深旅游的 外地游客，我们也想抓住这波金价小高潮，多做点生意。" 不过，多位商家表示，目前更多消费者处于观望状态。同时，黄金高位波动也给商家备货带来了不少挑战。 来源：证券时报 据证券时报消息，10月1日，国际金价再度走高，伦敦金现盘中最高突破3895美元/盎司，再刷新历史纪录，距离3900美元/盎司关口仅一步之遥。COMEX 黄金则突破3900美元/盎司，亦刷新历史纪录。 10月1日，记者在黄金珠宝品牌周生生官网看到，其当日足金饰品报价已达到1130元/克，周大福的报价也达到1129元/克。 | | | 周生生(how Sang Sang | | | | --- | --- | --- | --- | --- | | 周生生 PROMESSA | MINTYGREEN | ...

据证券时报消息，10月1日，国际金价再度走高，伦敦金现盘中最高突破3895美元/盎司，再刷新历史纪录，距离3900美元/盎司关口仅一步之遥。COMEX 黄金则突破3900美元/盎司，亦刷新历史纪录。 10月1日，记者在黄金珠宝品牌周生生官网看到，其当日足金饰品报价已达到1130元/克，周大福的报价也达到1129元/克。 不过，多位商家表示，目前更多消费者处于观望状态。同时，黄金高位波动也给商家备货带来了不少挑战。 来源：证券时报 当天，记者走访深圳水贝市场发现，金饰金价已经达到每克888元。与此对比的是，9月初水贝市场的金饰克价在796元左右。在价格攀升的同时，现场的 人气稍显不足，但商家们表示，假期刚刚开始，预计假期中间时段的人气最高。 "我们也没想到金价越涨越高。"一位水贝市场金饰柜台的负责人表示，"留深和来深过节的人越来越多，最近几天来买黄金的顾客就有不少是来深旅游的 外地游客，我们也想抓住这波金价小高潮，多做点生意。" 随着国际金价持续走强，消费市场的金饰价格也再创新高。正值国庆中秋长假，黄金消费市场迎来小高潮。证券时报记者走访深圳水贝市场和多家品牌金 饰门店，发现国际金价强势上行迅速传导至消费端。 ...

Group 1 - Goldman Sachs maintains a long-term bullish outlook on gold, indicating that prices may rise further due to strong interest from private investors, potentially exceeding previous forecasts [1] - Analysts, including Daan Struyven, noted that inflows into gold ETFs have been unexpectedly strong, surpassing prior model predictions, which introduces significant upside risk to their forecasts [1] - The firm originally projected gold prices to reach $4,000 per ounce by mid-2026 and $4,300 by the end of next year, with a possibility of prices hitting $5,000 if 1% of private U.S. Treasury holdings shift to gold [1] Group 2 - Since August 29, gold prices have increased by 12%, breaking out of the $3,200-$3,450 per ounce range that characterized much of Q2 and Q3 [1] - A key catalyst for this price increase is the potential acceleration of gold purchases by central banks after a seasonal lull, with speculative positioning only explaining a small part of the recent price surge [1] - Gold has been one of the strongest performing major commodities, soaring nearly 50% this year, surpassing the inflation-adjusted record set in 1980, driven by collective central bank buying and the Federal Reserve's resumption of interest rate cuts [1] Group 3 - The U.S. government shutdown and pressure on the dollar have also contributed to the rise in gold prices, which were around $3,865 per ounce, continuing a five-day upward trend and approaching the $4,000 milestone [2]

| | 品牌金价 | | ... O | | --- | --- | --- | --- | | 品牌黄金价格 | | | 最新:2025.10.01 16:17 | | 日期 | 名称 | 价格 | 涨跌 | | 10.01 | 水贝黄金 | 882.8 元/克 | 实时 | | 10.01 | 周大福 | 1129元/克 | 涨6 | | 10.01 | 周生生 | 1130元/克 | ગ્રેસ્ટ | | 10.01 | 六福珠宝 | 1129元/克 | 涨6 | | 10.01 | ぞ圭章 | 1129元/克 | 涨6 | | 10.01 | 潮宏基 | 1129元/克 | 涨6 | | 10.01 | 老凤祥 | 1125元/克 | 洗3 | | --- | --- | --- | --- | | 10.01 | 老庙黄金 | 1125元/克 | 跌1 | | 10.01 | 菜百首饰 | 1075元/克 | 持平 | | 10.01 | 周六福 | 1084元/克 | 涨7 | | 10.01 | 周大生 | 1129元/克 | 涨6 | 【金饰价格飙涨！专柜人员：假期购金客户颇多】10月1日， ...