Core Viewpoint - The article discusses the importance of safe-haven assets during times of market volatility, highlighting government bonds, gold, and the US dollar as key options for investors seeking to protect their portfolios from downturns [1][2][6]. Group 1: Government Bonds - Government bonds, particularly from high-credit-rated developed countries like the US, UK, Australia, and Germany, are favored as safe-haven assets due to their reliability and low default risk [2][3]. - In economic downturns, central banks typically lower interest rates, which increases bond prices and provides investors with a protective function [2][3]. - The current yield on US 10-year government bonds is approximately 4.3%, offering decent returns while maintaining their role as a safe asset during market turmoil [3]. Group 2: Gold - Gold is highlighted as another significant safe-haven asset, especially during crises, as it is perceived to resist inflation due to its finite supply [4][5]. - Over the past year, gold prices have increased by around 50%, indicating its appeal during uncertain times [5]. - However, gold's price volatility poses risks, as it can spike during crises but may also decline sharply once the crisis subsides, necessitating careful timing by investors [5]. Group 3: US Dollar - The US dollar is recognized as a classic safe-haven asset, benefiting from its status as the global reserve currency and the depth of the US Treasury market [6][7]. - The "dollar smile" theory explains that the dollar appreciates during both economic downturns and periods of strong US economic performance, making it a reliable asset in various conditions [6][7]. - Concerns about the dollar's status as a safe-haven asset arise from geopolitical tensions and potential shifts in global economic dynamics, which could undermine its reserve currency status [7]. Group 4: Diversification Strategy - The article emphasizes that no single asset can guarantee protection against losses, advocating for a diversified investment approach to mitigate risks and achieve smoother returns [8]. - Investors are encouraged to maintain a long-term perspective and avoid being overly influenced by short-term market fluctuations [9].

Core Viewpoint - Gold stocks are gaining traction as a hedge against market volatility caused by ongoing tariff disputes, with significant price increases observed in several gold mining companies [1][3][4]. Gold Market Performance - Gold prices increased by over 3% as investors sought safe-haven assets amid stock market sell-offs triggered by tariffs [3][4]. - Gold stocks, particularly those of companies with strong operational performances, have rallied due to the direct impact of rising gold prices on their financials [5]. Company Highlights - Newmont Corporation, the world's second-largest gold company, saw its shares rise by 8.8% with a market capitalization of $52.2 billion [2]. - Harmony Gold reported a 19% increase in revenue and a 33% surge in net income, despite a 4% drop in production, with cash flow from operations increasing by 46% year-over-year [6]. - AngloGold Ashanti's revenue jumped 26% in 2024, leading to a net profit of $1 billion compared to a net loss of $222 million in 2023, with a dividend yield of 4.1% [7]. - Iamgold Corp experienced a 43% increase in gold production and a 65% rise in revenue to $1.6 billion in 2024, projecting further growth in 2025 [10]. - Newmont Mining reported a net income of $3.4 billion in 2024, recovering from a net loss of $2.5 billion in 2023, and generated $6.3 billion in cash flow from operations [11]. Future Outlook - The year 2025 is anticipated to be significant for gold mining companies, with expectations of continued growth driven by rising gold prices amid ongoing trade tensions [12].

金价坐上"过山车" 大起大落后能否上车？ 中新网北京4月8日电(记者 左雨晴) 4月3日以来，国际金价坐上"过山车"，出现大起大落。 3日，伦敦金现价格一度飙至3167.74美元/盎司，COMEX黄金价格更突破3200美元关口，均创下历史新 高，但随后在日内转跌。 至4月7日早盘，伦敦金现和COMEX黄金自3月21日以来首次跌破3000美元关口。随后，COMEX黄金日 内转涨，一度上冲至3084.4美元/盎司，收盘时再度回落至2998.8美元/盎司。 受国际金价影响，7日，周大福等多家品牌金饰价格降至918元/克，较前一日下跌14元/克，较3日高点 下跌44元/克。 "对等关税"引发金价波动 市场普遍认为，美国所谓"对等关税"政策，是导致黄金等资产下跌的关键。 比黄金价格波动更剧烈的，还有白银。 4月3日-4日，COMEX白银跌近15%，伦敦现货白银跌超12%。直到7日盘中，白银价格才回调至30美元/ 盎司。 同是具有避险属性，白银价格波动为何会远大于黄金？ 王有鑫表示，与黄金不同，白银除了具有避险属性，还是重要的工业金属，在电子、光伏、新能源等领 域有着广泛的应用。由于所谓"对等关税"政策将对全球贸易和工业 ...

Core Viewpoint - The current investment climate is highly favorable for gold, with prices reaching historical highs and expectations for further increases driven by geopolitical tensions and monetary policies [1][17]. Price Movements - Spot gold prices have surpassed $3100 per ounce, hitting a record high of $3115.85 per ounce, while COMEX gold futures reached $3142.9 per ounce [1]. - In the domestic market, the price of gold jewelry has risen to over 930 yuan per gram [1]. Institutional Predictions - Major financial institutions such as Goldman Sachs, Citigroup, UBS, and BNP Paribas have raised their gold price targets, reinforcing the long-term bullish outlook for gold [1]. - Goldman Sachs has increased its 2025 year-end gold price forecast from $3100 to $3300 per ounce [1]. - Jin Xin Futures predicts that gold prices could reach between $3340 and $3475 per ounce by 2025 [1]. Geopolitical Factors - Ongoing geopolitical issues, including the Russia-Ukraine conflict and tensions in the Middle East, contribute to the rising demand for gold as a safe-haven asset [1]. - Central banks worldwide are increasing their gold reserves, indicating a trend towards gold accumulation amid economic uncertainty [1]. Audit and Reserve Concerns - Elon Musk's push for auditing the U.S. gold reserves has raised questions about the transparency and accuracy of reported gold holdings, which have not been externally audited for over a century [4][5][6]. - The U.S. claims to hold 8000 tons of gold, but skepticism exists regarding the actual amount due to historical secrecy surrounding the reserves [5][10]. Valuation of Gold Reserves - The U.S. gold reserves are valued at a historical price of $42 per ounce, while current market prices exceed $3000 per ounce, suggesting a potential revaluation that could significantly impact the U.S. treasury [13]. - If revalued at current prices, the value of U.S. gold reserves could increase from $110 billion to over $700 billion, providing a substantial financial boost [13]. Debt Management Strategies - The U.S. faces a looming debt crisis, with national debt approaching $37 trillion and annual interest payments nearing $900 billion [15]. - Proposed strategies to alleviate this debt include converting U.S. Treasury bonds into ultra-long-term bonds, which may deter investors due to unfavorable terms [15]. Investment Sentiment - The prevailing sentiment among investors is to buy gold as a hedge against economic instability and inflation, reinforcing gold's status as a safe-haven asset [17].

来源|极速财讯 3月31日，现货黄金价格延续牛市走势，盘中突破3120美元/盎司，连续第五个交易日刷新历史纪录，距离此前升破3000美元/盎司仅过去半个月， 今年以来累计上涨超18%。 国内足金饰品金价也应声上涨，截至3月31日中午，周大福为每克936元、老凤祥为每克935元、周生生为每克935元、老庙黄金为每克934元。 这一波"黄金狂潮"的核心推手直指美国总统特朗普的关税政策，其"说一套做一套"的贸易保护主义策略，不仅撕裂全球供应链，更引发市场对美元体 系根基动摇的深度忧虑。 据《华尔街日报》披露，特朗普政府虽在上周多次释放"对等关税将比原计划更温和"的信号，甚至暗示对部分盟友实施关税豁免，但内部文件显示其 团队正加速制定覆盖面更广、税率更高的方案。最新草案显示，特朗普已转向强硬立场，要求将原先针对特定国家的惩罚性关税，升级为覆盖全部贸 易伙伴的20%全球性关税。 加拿大已取消特斯拉电动车补贴，欧盟计划对美国威士忌、牛仔裤等商品加征报复性关税，形成"贸易战螺旋"。政策的不确定性导致资金加速涌入黄 金、铜等避险资产，纽约铜期货创历史新高，全球囤铜潮兴起，凸显供应链恐慌。 黄金暴涨的背后逻辑：美元霸权终结的" ...

Group 1: Gold Market Analysis - The price of gold surged to a record high, with spot gold closing at $3056.54 per ounce and COMEX gold futures reaching $3099 per ounce, marking significant daily increases of 1.23% and 1.53% respectively [2] - During trading, spot gold hit an intraday high of $3059.63, while COMEX futures peaked at $3102.2, reflecting a daily increase of over $50 [2] - The rise in gold prices is attributed to heightened global trade tensions following new tariffs announced by U.S. President Trump, alongside ongoing geopolitical issues in the Middle East and Ukraine, which have driven investors towards safe-haven assets like gold [4] Group 2: Food Safety Standards - The National Health Commission and the State Administration for Market Regulation released 50 new food safety national standards, prohibiting the use of terms like "no additives" and "zero additives" on food labels to prevent misleading consumers [9] - The ban on these terms aims to enhance consumer understanding of food labels, allowing for more informed choices and reducing potential health risks associated with misleading marketing [9] Group 3: New Features in WeChat - WeChat has introduced a new feature called "Nearby Jobs," allowing users to search for part-time and gig work based on location, salary, and other criteria, covering over 200 cities in China [12]

"金价大跳水"的相关话题冲上微博热搜第一，引发诸多网友讨论。 这几天，黄金价格连续下挫。今天，COMEX黄金期货盘中一度跌超1%，现货黄金一度跌近0.9%，截至券商中国记者发稿时，COMEX黄金期货跌0.83%报2871.8 美元/盎司。此前一天，国际黄金现货及期货价格双双跳水，截至当天收盘，现货黄金、COMEX黄金期货跌幅分别达到1.36%、1.46%。 国内金饰价格也大幅跳水，2月28日，周生生足金饰品标价876元/克，一夜跌9元/克；而2月25日标价为894元/克，这意味着，3天的时间，金价跌去了18元/克。不 过，也有网友调侃道："金价是几十几十的涨，几块几块的跌"。另外网友称，"跌的还是太少！" 本周以来，国际金价的累计跌幅已超过2%，有望创下2025年以来的首次周跌幅，主要是受到美元上涨和获利回吐的影响。本周一，现货黄金及黄金期货均创出历 史新高，随后连续多日调整。最近几个交易日，美元大幅攀升，使这种贵金属对外国投资者的吸引力降低，因为黄金以美元计价。 黄金的本轮牛市行情，是否就此结束了呢？ 黄金价格"大跳水" 最近几天，黄金市场，风云突变。本周一，现货黄金创出了2956美元/盎司的历史新高，CO ...