日本央行4月货币政策会议审议委员意见摘要显示，尽管他们对美国关税的潜在影响变得更加谨慎，但 他们并未放弃进一步加息。在4月30日至5月1日的会议上，一名委员表示，"央行需要观望，直到美国关 税政策的进展有所确定。" 今日晚间将发布美国4月CPI数据，关注实际数据与预期的差异。若美国通胀表现高于预期，或进一步 压制美联储降息预期，提振美元走势并抑制黄金价格；若美国通胀意外降温，则黄金或迎来短线企稳机 会。 【盘面分析】 5月12日，COMEX黄金低开低走，报收3241.8美元/盎司，跌幅3.06%。在中美关税降低的背景下，市场 预期美国对其他国家的关税谈判也将继续跟进，相应减少对美联储降息的押注，美债被抛售，其中以短 期国债为首。2 年期涨超10个基点，收益率回升至 4.00%。美元一天之内涨破101，计价角度同样压制 黄金价格。 | 品种名称 | 开盘价 | 最高价 | 最低价 | 单位 | | --- | --- | --- | --- | --- | | 沪金主力 | 760.80 | 768.66 | 756.02 | 元/克 | | 沪银主力 | 8130.00 | 8235.00 | 8103.00 ...

Core Insights - Starcore International Mines Ltd. announced production results for the fourth fiscal quarter ended April 2025 at its San Martin Mine in Queretaro, Mexico [1] - The company successfully commissioned a new processing circuit for carbonaceous ore treatment, achieving a milestone in its operations [2] Production Results - In Q4 2025, Starcore milled 53,398 tonnes of ore, a 14% increase from Q3 2025 [4] - Gold equivalent ounces produced were 2,342, reflecting a 3% increase from the previous quarter [4] - The gold grade was 1.57 g/t, a 10% decrease from Q3 2025, while the silver grade increased by 42% to 15.77 g/t [4] - Gold recovery was 81.72%, a slight decrease of 1% from the previous quarter, while silver recovery improved by 15% to 56.63% [4] Operational Developments - The mine has ramped up to produce 140 tonnes per day of carbonaceous ore, with a contractor engaged for additional works [2] - Exploration and development continue in a new area of the mine, focusing on the depths of the San José mine [3] - The successful implementation of the new carbonaceous ore process is expected to extend the mine's life and enhance exploration potential [4] Company Overview - Starcore is engaged in precious metals production, primarily in Mexico, with additional exploration and development projects across North America and Côte d'Ivoire [5] - The company emphasizes corporate social responsibility and aims to increase long-term shareholder value [5]

Group 1 - The core viewpoint of the articles indicates a significant decline in spot gold prices, with a drop of 88.66 USD or 2.67% to close at 3235.39 USD/oz on May 12, following a peak of 3324.73 USD/oz and a low of 3207.39 USD/oz during the day [1][3] - The latest data from the Commodity Futures Trading Commission (CFTC) shows that as of May 12, gold ETF holdings increased by 1.15 tons to 939.09 tons, reflecting a bullish sentiment in the market [1][2] - The recent increase in gold ETF holdings suggests a rise in buying interest, indicating a growing bullish sentiment towards gold, while a decrease would imply increased selling pressure [2] Group 2 - The article highlights that gold is being tested as a "hero in troubled times," with a previous surge of 8% in a single week when the Trump administration announced comprehensive tariffs, pushing gold prices to a historical high of 3500 USD [2] - The dollar index surged by 1.5% to surpass the 101 mark, reaching a near two-month high of 101.97, which negatively impacted gold prices by making it more expensive for overseas buyers and reducing the appeal of non-yielding assets due to rising U.S. Treasury yields [2] - The analysis of the previous trading day indicates that gold opened lower at 3288.7 USD and experienced a strong pullback after reaching a high of 3327.2 USD, with a final close at 3235.39 USD, suggesting ongoing downward pressure and potential targets for further declines [3]

Core Viewpoint - Sandstorm Gold Ltd. is addressing voting recommendations from Institutional Shareholder Services Inc. (ISS) that miscalculated parameters related to proposed amendments to the Company's share-based compensation program, aiming to clarify and ensure accurate interpretation of these changes [1][2]. Summary by Sections Shareholder Proposals - ISS has recommended voting against three management proposals concerning the Company's Stock Option Plan and Restricted Share Plan, which were intended to align executive compensation with shareholder interests [2]. - The Company believes ISS's recommendations stem from a semantic misinterpretation of the proposed maximum limit of shares under the Share Plans [2]. Clarifying Amendments - The Clarifying Amendments state that, effective January 1, 2025, the total number of common shares issuable under the Share Plans will not exceed 6.0% of the total issued and outstanding shares [3]. - The previous proposal included a declining rate from 6.0% in 2025 to 5.5% in 2026 and 5.0% in 2027, which was misinterpreted as a cumulative limit rather than a non-cumulative declining rate [3]. Approval and Recommendations - The Toronto Stock Exchange and the Company's Board of Directors have conditionally approved the Clarifying Amendments, which are considered housekeeping in nature, thus not requiring shareholder approval at the upcoming Meeting [4]. - The Company advises shareholders to refer to the revised Share Plans filed on SEDAR+ for all matters related to the Share Plans and to disregard the versions in the Information Circular [4]. Additional Information - Shareholders can access the Information Circular and amended Share Plans through SEDAR+ or by contacting Investor Relations [5]. - Sandstorm Gold Royalties is a precious metals-focused royalty company with a portfolio of approximately 230 royalties, aiming to grow its low-cost production profile through additional acquisitions [7].

作 者丨叶麦穗 万倩倩 编 辑丨包芳鸣 梁明 江佩佩 5月1 2日，金价大幅回调， COMEX黄金期货盘中一度跌破3 2 7 0美元/盎司。国内金饰价格跟跌，周生生足金饰品标价1 0 0 7元/克，较前一日 1 0 2 1元/克的价格下跌1 4元/克 。 周大福足金饰品标价1 0 0 8元/克，较前一日1 0 2 2元/克的价格下跌1 4元/克。 | | 芸会属 | | | | --- | --- | --- | --- | | 名称 | 现价 | 涨跌 | 涨跌幅 | | 上海金 | 770.45 | -15.09 | -1.92% | | COMEX黄金 | 3285.1d | -58.9 | -1.76% | | SGE黄金9999 | 771.70 | -13.80 | -1.76% | | COMEX微型黄金 | 3285.1d | -58.9 | -1.76% | | COMEX M-黄金 | 3285.50d | -58.50 | -1.75% | | SHFE電尖 | 774.50 | -13.66 | -1.73% | | SGE黄金T+D | 771.36 | -11.49 | -1.47 ...

Core Points - Wheaton Precious Metals Corp. held its 2025 Annual and Special Meeting of Shareholders where nominees for the Board of Directors were elected [1][3] - The company announced the passing of long-serving director Peter Gillin, who will be remembered for his contributions [2] - Shareholders approved a non-binding advisory resolution on executive compensation with 94.94% votes in favor [3] Board of Directors Election Results - George L. Brack received 320,198,848 votes (97.83% for) with 7,090,095 votes withheld (2.17% withheld) [3] - Jaimie Donovan received 323,374,043 votes (98.80% for) with 3,914,900 votes withheld (1.20% withheld) [3] - Chantal Gosselin received 312,988,404 votes (95.63% for) with 14,300,539 votes withheld (4.37% withheld) [3] - Jeane Hull received 322,832,980 votes (98.64% for) with 4,455,963 votes withheld (1.36% withheld) [3] - Glenn Ives received 326,462,793 votes (99.75% for) with 826,150 votes withheld (0.25% withheld) [3] - Charles A. Jeannes received 321,612,216 votes (98.27% for) with 5,676,727 votes withheld (1.73% withheld) [3] - Marilyn Schonberner received 324,225,349 votes (99.06% for) with 3,063,594 votes withheld (0.94% withheld) [3] - Randy V.J. Smallwood received 326,818,313 votes (99.86% for) with 470,630 votes withheld (0.14% withheld) [3] - Srinivasan Venkatakrishnan received 324,453,056 votes (99.13% for) with 2,835,887 votes withheld (0.87% withheld) [3]

Royal Gold (RGLD) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.Since a changing earnings ...

同时面对近期居高不下的金价，准备结婚的准新人在准备"三金"时，选择以租赁的方式完成婚俗仪式。在广州市白云区的金饰店，有老板专门为可供租赁 的"三金"配饰开了个专柜，有龙凤盘旋的足金颈链、刻着双喜的手镯，甚至还有黄金制作而成的"结婚证书"。老板说，随着金价走高，如今，越来越多的 人愿意接受这种租"三金"的方式。一家主营金饰租赁业务的商家向记者表示，租"三金"是近期才出现的形式，"五一"假期是结婚高峰期，不少热门款式被 订购空了。上述商家介绍称，租赁黄金首饰的价格一般在30元/克，押金则按黄金大盘价格收取。 监管部门持续强化市场风险警示。上海黄金交易所于4月下旬上调部分合约保证金比例，多家银行收紧信用卡购金额度，明确贷款资金不得用于黄金投 资。分析人士指出，此举旨在抑制短期投机行为，引导市场理性交易。国家注册黄金分析师张文斌表示尽管短期金价受市场情绪影响承压，但长期支撑因 素仍然存在，黄金未来的配置价值依然值得期待，从未来十年甚至二十年的维度来看，商品的价格还比较乐观。国内黄金ETF一季度资金流入量创历史新 高，反映投资者对黄金避险属性的持续关注。机构普遍认为，地缘政治不确定性及全球经济复苏压力或为金价提供中长期 ...

Group 1 - The gold market showed fluctuations with Au99.95 opening at 780.10 and closing at 780.10, reflecting a decrease of 7.3 yuan or 0.93% [3] - Au99.99 opened at 792.00, reached a high of 799.00, and closed at 785.50, with a decrease of 1 yuan or 0.13% [3] - The trading volume for Au99.95 was 2, resulting in a transaction amount of 1,560,200 yuan, while Au99.99 had a trading volume of 12,024.8, leading to a transaction amount of 9,399,392,753.4 yuan [3] Group 2 - Au(T+D) opened at 789.90, peaked at 793.58, and closed at 785.30, with a drop of 11.93 yuan or 1.50% [4] - The trading volume for Au(T+D) was 65,384, resulting in a transaction amount of 51,186,327,160 yuan [4] - Pt99.95 opened at 238.08, reached a high of 239.89, and closed at 239.77, with an increase of 2.27 yuan or 0.96% [4] Group 3 - NYAuTN06 opened at 777.50, peaked at 777.50, and closed at 774.30, reflecting a decrease of 22.65 yuan or 2.84% [5] - NYAuTN12 opened at 780.30, reached a high of 786.40, and closed at 785.85, with a decrease of 15.35 yuan or 1.92% [5] - The trading volume for NYAuTN06 was 72, resulting in a transaction amount of 55,457,110 yuan [5]

Core Insights - Wheaton Precious Metals Corp. reported a revenue of $470.41 million for Q1 2025, marking a year-over-year increase of 58.5% and exceeding the Zacks Consensus Estimate by 13.36% [1] - The earnings per share (EPS) for the same quarter was $0.55, up from $0.36 a year ago, representing a surprise of 10.00% over the consensus estimate of $0.50 [1] Financial Performance Metrics - Units sold for silver were 4,483 ounces, surpassing the average estimate of 4,355.46 ounces from 12 analysts [4] - Gold production from Sudbury was 4.89 ounces, below the estimated 6.52 ounces, while production from Salobo was 71.38 ounces, exceeding the estimate of 62.04 ounces [4] - Gold production from Constancia was 4.88 ounces, below the average estimate of 8.71 ounces [4] - Silver sales reached $144.94 million, exceeding the estimate of $136.26 million and reflecting a 50% increase year-over-year [4] - Gold sales amounted to $319.70 million, surpassing the average estimate of $274.21 million, with a year-over-year increase of 67.7% [4] - Sales of palladium were $2.37 million, below the estimate of $2.58 million, representing a year-over-year decline of 49.3% [4] - Cobalt sales were $3.41 million, below the estimated $4.59 million, reflecting a year-over-year decrease of 28.8% [4] Stock Performance - Wheaton Precious Metals shares have returned 13.8% over the past month, outperforming the Zacks S&P 500 composite's 11.3% change [3] - The stock currently holds a Zacks Rank 2 (Buy), indicating potential for outperformance in the near term [3]