Core Viewpoint - The recent surge in gold prices has sparked intense discussions about future price movements, with predictions ranging from a rise of 2000 RMB per gram to a drop of 500 RMB per gram [1] Group 1: International Gold Market Trends - The long-term trend of international gold prices has been upward, driven by global economic uncertainties that make gold a preferred safe-haven asset [3] - Central banks have been significant players in the gold market, with record-high purchases aimed at enhancing financial stability and responding to global economic conditions [3][5] Group 2: Domestic Gold Price Predictions - Some analysts predict that by early 2026, gold prices could reach 4500 USD per ounce, translating to approximately 2500 RMB per gram in the domestic market [5][9] - Current domestic gold prices hover around 1000 RMB per gram, indicating a substantial gap from the predicted target of 2000 RMB per gram [5][11] Group 3: Market Sensitivity and Influencing Factors - Short-term fluctuations in gold prices are highly sensitive to market sentiment and policy changes, which can lead to significant price volatility [7] - The ongoing geopolitical tensions and uncertain U.S. economic policies continue to bolster gold's appeal as a safe-haven asset [7][9] Group 4: Long-term Price Stability - Predictions suggest that by 2026, domestic gold prices will likely stabilize around 1500 RMB per gram, reflecting moderate adjustments in line with international gold prices [11] - The trend of de-dollarization and sustained central bank demand for gold are expected to support long-term price stability [9][11]

Group 1 - Gold stocks continue to rise, with Lingbao Gold up 3.98% to HKD 9.41, Chifeng Gold up 2.62% to HKD 29.35, Shandong Gold up 1.24% to HKD 24.55, and Zhaojin Mining up 0.31% to HKD 19.32 [1] - As of April, China's gold reserves reached 73.77 million ounces, an increase of 70,000 ounces from the previous month, marking six consecutive months of gold accumulation by the People's Bank of China [1] - Spot gold prices have returned to the USD 3,400 per ounce level as of May 8 [1] Group 2 - China Galaxy Securities reports that gold price breakthroughs may depend on the Federal Reserve's interest rate cuts or a surge in physical gold demand, with a current trading range for gold set between USD 3,150 and USD 3,550 [1] - If the U.S. economy experiences stagflation without interest rate cuts, gold is likely to trend upwards; however, in a recession, gold may decline alongside other commodities until the Fed cuts rates [1] - The demand for gold is expected to rise due to the ongoing increase in gold reserves by the People's Bank of China, driven by changes in the global political and economic landscape following the new U.S. government [2]

【华通白银网5月6日讯】•黄金上涨2%，美元指数下跌，尽管ISM服务业PMI显示美国经济有弹性。 •特朗普宣布对外国电影征收100%关税，称鲍威尔不会被提前撤职，但敦促降息。 •市场为美联储周三决定做好准备；市场关注鲍威尔新闻发布会政策信号。 周一，由于美元受到重创，黄金价格涨幅逾2%，上涨70多美元，尽管来自美国的积极经济数据表明经济仍然稳固。黄金从日低点3,237美 元反弹后，报3,321美元。 美国供应管理协会（ISM）的一份报告称，服务提供商重申了美国经济的稳健，随后市场情绪有所改善。数据暗示，由于特朗普的关税 政策，价格正在上涨 上周末，特朗普宣布对外国电影征收100%的关税，并表示美联储应该降低利率。他称，在2026年5月任期结束前，他不会撤换美联储主 席鲍威尔。 特朗普称，美国正在与包括中国在内的许多国家会晤，他的主要任务是与中国达成协议。 与此同时，交易员正在为美联储周三的货币政策会议做准备。市场已经完全消化了美联储将维持利率不变的预期，尽管他们将关注美联 储主席鲍威尔的新闻发布会。决策者在6月份的会议之前不会更新他们的预测，这可能会提供一些有关货币政策的暗示。 每日市场动向：黄金价格未受美国 ...

Wind数据显示， 5月5日，现货黄金及COMEX黄金期货价格涨幅均一度超过2.7%，日内一度上涨超 80美元。 6日早间，现货黄金继续冲高，盘中一度突破3360美元/盎司。 截至发稿，现货黄金报 3367.970美元/盎司，COMEX黄金报3367.7美元/盎司，日内上涨均超1%。 国内各品牌金饰价格也随之上扬，不少品牌克价再次突破千元。中新经纬6日查询发现，周大福金饰价 格为1026元/克，较前一日上涨28元/克；周生生金饰价格为1023元/克，较前一日上涨23元/克；老庙黄 金金饰价格为1022元/克，上涨31元/克。 银河证券研报称，黄金突破区间可能需等待美联储降息或实物黄金需求爆发。未来需要进一步观察美国 经济情况，是滞胀还是衰退，如果出现滞胀并且美联储并未降息，那么黄金大概率呈现震荡向上。如果 进入衰退，黄金会跟随其他大宗商品回调，直至美联储启动降息。黄金的震荡区间已经被系统性的提升 到3150美元至3550美元，美联储降息后黄金有望上行至3700美元以上。另外，实物黄金需求旺盛或使得 下半年黄金再次上行。 来源：中新经纬 关注" 新华网财经 "视频号 更多财经资讯等你来看 往期推荐 丽老唐 给您 ...

Group 1 - International gold prices have seen a significant drop, with spot gold falling over $50 to a low of $3234 per ounce, a decline of more than 1.6% on May 1 [1] - Domestic gold jewelry prices have also decreased, with the latest price for Lao Miao gold jewelry at 995 RMB per gram, marking the first time in 20 days that prices have fallen below 1000 RMB [1] - The World Gold Council reported a 1% year-on-year increase in global gold demand for Q1 2025, reaching 1206 tons, the strongest first-quarter demand since 2016 [1] Group 2 - The average gold price in Q1 2025 was $2860 per ounce (approximately 20791 RMB), reflecting a 38% year-on-year increase [1] - There is a notable increase in consumer interest in gold, with many looking to purchase at lower prices or sell high-value gold items [3] - Gold bar sales have surged, with reports of some stores selling up to 10 kilograms in a single day, indicating strong demand for gold bars [3][4] Group 3 - The gold recycling business is also experiencing a significant uptick, with a reported increase of over 70% in the total weight of gold recycled in April compared to the previous month [4] - Turnover for gold recycling has seen a notable rise, with the maximum single recycling weight reaching 2600 grams [4]

四川黄金股份有限公司 投资者关系活动记录表 编号：2025-001 | | □特定对象调研 □分析师会议 | | --- | --- | | | □媒体采访 ☑业绩说明会 | | 投资者关系活动类别 | □新闻发布会 □路演活动 | | | □现场参观 | | | □其他（请文字说明其他活动内容） | | 活动参与人员 | 副董事长、总经理吴安东先生，独立董事刘云平先生，副 | | | 总经理、董事会秘书周立先生，财务总监汤敏女士 | | 时间 | 年 月 日下午 2025 4 29 3:00~4:00 | | 地点 | 在全景网"投资者关系互动平台"（https://ir.p5w.net） | | 形式 | 网络文字互动方式 | | | 1、2025 年重大资本开支转固的项目有哪些？ | | | 尊敬的投资者，您好！2025 年固定资产投资情况请 | | | 参见公司定期报告。感谢您的关注，谢谢！ | | | 2、吴总：公司的毛利率是所有黄金矿公司中最佳的， | | | 关键还是产能需要提高，希望公司能增加产能与销售来回 | | | 报所有股东的投资 | | | 您好，感谢您的建议，公司会认真考虑。感谢您对 ...

黄金屡创新高，日内多空波动加剧，"顶峰"还有多远？？立即观看超V推荐官Jason的讲解，直播间可领 取超V限时体验包>>> 相关链接 ...

金十数据4月21日讯， 中信证券研报指出，特朗普关税政策出台引发的流动性危机是此前黄金价格大幅 下行的原因。地缘政治扰动催化全球央行及市场的黄金需求。特朗普政府后续的举动仍有极大不确定 性，黄金价格仍可能波动较大，但特朗普政府对美元体系的信用损伤是不可逆的，这将使得黄金的货币 属性加强，价格中枢上行。中性假设条件下预期2025年年中金价有望达到3337美元/盎司，在乐观和悲 观假设下则分别可能达到3620美元/盎司和3081美元/盎司。 中信证券：黄金有望继续上行 ...

中信证券研报指出，特朗普关税政策出台引发的流动性危机是此前黄金价格大幅下行的原因。地缘政治 扰动催化全球央行及市场的黄金需求。特朗普政府后续的举动仍有极大不确定性，黄金价格仍可能波动 较大，但特朗普政府对美元体系的信用损伤是不可逆的，这将使得黄金的货币属性加强，价格中枢上 行。中性假设条件下预期2025年年中金价有望达到3337美元/盎司，在乐观和悲观假设下则分别可能达 到3620美元/盎司和3081美元/盎司。 ...

黄金再破历史新高，下一个目标在哪里？假期即将来临，黄金是否会出现大跌？点击查看详细分析... 相关链接 ...