Core Insights - The gold market is experiencing a significant volatility, with a sharp decline in prices leading to a stark contrast between consumer behavior and market dynamics [1][3][5] Group 1: Market Dynamics - On April 23, the spot gold price fell from $3420 per ounce, marking a record single-day drop, with a decrease in the price from 1082 RMB per gram to below 1055 RMB [3] - The decline was driven by two main forces: the Federal Reserve's hawkish signals prompting international capital flight and a 35% increase in gold prices since the beginning of the year leading to profit-taking [3][5] - On April 25, global gold ETFs saw a net outflow of $870 million, indicating a significant shift in investor sentiment [3] Group 2: Consumer Behavior - There is a notable disparity in the gold market, with central banks purchasing 1037 tons of gold annually while retail investors are engaging in panic selling [5] - The reliance of 34% of Generation Z investors on social media influencers and AI for investment decisions highlights a trend of irrational behavior in the market [7] - The situation has led to a crisis in credit mechanisms, with merchants increasing deposit requirements from 20,000 to 50,000 RMB due to rising defaults [5][12] Group 3: Investment Strategies - The market is currently influenced by three main factors: the Federal Reserve's policy shifts, the continuous accumulation of gold by the People's Bank of China, and the emotional volatility amplified by social media discussions [9] - Investors are advised against using consumer loans for gold trading, as a 4% interest rate could erode 6% annual returns [11] - Caution is advised against trusting social media influencers for investment signals, as historical data shows that high-position buyers may wait years to recover their investments [12]

Core Points - Osisko Gold Royalties Ltd has received recommendations from leading independent proxy advisory firms ISS and Glass Lewis to vote FOR all proposed resolutions at the upcoming Annual and Special Meeting of Shareholders on May 8, 2025 [1] - The Board of Directors of Osisko unanimously recommends that Shareholders vote "FOR" all proposed resolutions [2] - The proxy voting deadline is set for 1:30 p.m. (Eastern Daylight Time) on May 6, 2025 [2] Meeting Details - The Annual and Special Meeting of Shareholders will take place on May 8, 2025, at 1:30 p.m. (Eastern Daylight Time) at Lavery, de Billy L.L.P., Montréal, Québec [2] - Shareholders can find complete details and relevant documents related to the Meeting on the company's website [2] Shareholder Assistance - Shareholders with questions about voting can contact the Company's proxy solicitation agent, Laurel Hill Advisory Group, via toll-free number or email [3] - Contact information for the proxy solicitation agent includes a toll-free number for North America and an international number [3] Company Overview - Osisko Gold Royalties Ltd is an intermediate precious metals royalty company focused on the Americas, with operations commencing in June 2014 [3] - The company holds a portfolio of over 185 royalties, streams, and precious metal offtakes, anchored by a 3-5% net smelter return royalty on the Canadian Malartic Complex, one of Canada's largest gold mines [3]

大象财富记者 王艺枫 在经历大涨后，4月23日国际、国内金价开始大幅走低。当天晚上十点左右，COMEX黄金期货主力合 约跌幅超4%，最低跌至3270.8美元/盎司；收盘时其跌幅为3.45%，报3301.5美元/盎司。伦敦现货黄金收 于3300美元/盎司关口下方。 "黄金巨震"等金价震荡的相关话题随即冲上热搜，引起热议。 4月24日，黄金价格有所反弹，截至下午3点10分左右，期货黄金涨1.42%，报3348.5美元/盎司；现货黄 金涨1.46%，报3336.09美元/盎司。 "这些因素共同作用下，预计未来黄金市场将继续保持震荡上行的态势，长期趋势依然看好。短期内， 目前正处于回调修正阶段。预计3400美元及上方区域将是短期内的主要压力区，而3200美元附近将成为 主要支撑。"陈华伟说。 国内金饰方面，截至4月24日下午3点左右，水贝金价由4月22日的最高837元/克，回调到793.28元/克。 有深圳水贝市场商家表示，金价回调后，之前冷清的店铺也开始排队了，其中大克重的金条也断货，需 排队预订。 | 04.24 | 周大福 | 1038元/克 | 跌17 | | --- | --- | --- | --- | ...

扬子晚报网4月23日（记者 范晓林 薄云峰）在金价持续上涨的长周期后，23日金价涨跌幅的数字首次"由红转绿"。周大福、老凤祥（600612）、周六福、 周大生（002867）金价为1055元/克，跌幅在-0.57%至-2.50%，周生生金价为1048元/克，跌幅为-2.96%。 | 员需要物 | | 贵金属现货 | 纸黄金 | | --- | --- | --- | --- | | 实物 | | 银行 | 回收 | | 品牌 | 产品 | 价格 | 涨跌幅 | | 周大福 | 黄金 | 1055元/克 | -2.50% | | 老凤祥 | 黄金 | 1050元/克 | -0.57% | | 周六福 | 黄金 | 1055元/克 | -2.50% | | 周大生 | 黄金 | 1055元/克 | -0.57% | | 周生生 | 童金 | 1048元/克 | -2.96% | 据同花顺（300033）数据，国际、国内金价在近几日的接连上涨后迎来回调。截至23日午盘，伦敦现货黄金价格报3342.21美元/盎司，跌-1.15%；纽约商 业交易所（COMEX）黄金期货报3347.7美元/盎司，跌-2.1%；沪金收盘失 ...

Core Viewpoint - A-Mark Precious Metals, Inc. will hold a conference call on May 7, 2025, to discuss its fiscal third quarter results for the period ending March 31, 2025, with financial results to be released prior to the call [1]. Company Overview - A-Mark Precious Metals, Inc. is a fully integrated precious metals platform founded in 1965, offering a variety of products including gold, silver, platinum, palladium, and copper bullion, as well as numismatic coins [4]. - The company operates through three segments: Wholesale Sales & Ancillary Services, Direct-to-Consumer, and Secured Lending [4]. Segment Details - The Wholesale Sales & Ancillary Services segment purchases and distributes precious metal products from various mints, including the U.S. Mint, and sells over 200 different products to various customers [5]. - The Direct-to-Consumer segment operates as an omni-channel retailer through subsidiaries like JM Bullion and Goldline, targeting specific niches within the precious metals market [10]. - The Secured Lending segment, through Collateral Finance Corporation, provides loans secured by bullion and numismatic coins to dealers, investors, and collectors [11]. Conference Call Information - The conference call is scheduled for May 7, 2025, at 4:30 p.m. Eastern time, with access details provided for both U.S. and international participants [2]. - A replay of the call will be available after 7:30 p.m. Eastern time on the same day through May 21, 2025 [3].

Core Points - A-Mark Precious Metals, Inc. has appointed Cary Dickson as Chief Financial Officer effective July 1, 2025, after Kathleen Simpson-Taylor's retirement [1][2] - The Board of Directors has extended the contracts of President Thor Gjerdrum and COO Brian Aquilino for an additional three years, through June 30, 2028 [4] Management Changes - Cary Dickson, who previously served as CFO from November 2015 to September 2019, will re-join A-Mark as Executive Vice President on May 2, 2025, before assuming the CFO role [1][2] - Kathleen Simpson-Taylor has been acknowledged for her contributions during her tenure, which saw transformational growth for the company [3] - Dickson expressed excitement about returning to A-Mark and focusing on strategic priorities, including capital efficiency and integration initiatives [3] Company Overview - A-Mark Precious Metals, founded in 1965, is a fully integrated precious metals platform offering a range of products including gold, silver, platinum, palladium, and copper [5] - The company operates through three segments: Wholesale Sales & Ancillary Services, Direct-to-Consumer, and Secured Lending [5][12] - A-Mark has a global customer base that includes mints, manufacturers, refiners, dealers, financial institutions, and retail customers [5] Business Operations - The Wholesale Sales & Ancillary Services segment purchases and distributes precious metal products, including being a U.S. Mint-authorized purchaser since 1986 [6][7] - The Direct-to-Consumer segment operates multiple websites targeting specific niches within the precious metals retail market [11] - A-Mark's Secured Lending segment provides loans secured by bullion and numismatic coins through its subsidiary, Collateral Finance Corporation [12]

Core Viewpoint - The international gold price has experienced a significant decline, leading to a drop in domestic gold jewelry prices, which has sparked consumer interest and increased foot traffic in jewelry stores despite the price drop [1][3][4]. Price Movement - On April 4, the spot gold price fell by 2.47% to $3037.31 per ounce, while COMEX gold futures dropped by 2.1% to $3056.1 per ounce [1]. - Domestic gold jewelry prices saw a two-day decline, with brands like Chow Sang Sang and Lao Puhuang reporting decreases of 32 yuan and 30 yuan per gram, respectively [1][2]. Consumer Behavior - Despite the drop in gold prices, there has been a surge in consumer demand, with long queues observed at various jewelry stores in cities like Wuhan and Shenzhen [3][4]. - Stores have implemented purchase limits to prevent bulk buying by resellers, indicating strong consumer interest in gold jewelry [3]. Market Dynamics - Investors are selling off gold to cover losses in other asset classes, contributing to the recent price decline [7]. - The gold market has seen a year-to-date increase of approximately 15%, driven by central bank purchases and strong investment demand, despite recent price pressures [6][7][8]. Future Outlook - Analysts suggest that the factors driving gold's previous price increases, such as central bank buying and ETF inflows, may continue to support gold prices in the future [8].

EL SEGUNDO, Calif., April 04, 2025 (GLOBE NEWSWIRE) -- A-Mark Precious Metals, Inc. (NASDAQ: AMRK) (A-Mark), a leading fully integrated precious metals platform, today announced that its Board of Directors has declared a quarterly cash dividend of $0.20 per share, maintaining the company's current dividend program. The dividend is payable on April 29, 2025, to stockholders of record as of April 15, 2025. On April 1, 2025, A-Mark completed the acquisition of the 90% of AMS Holding, LLC (AMS) not previously ...

Core Viewpoint - The article discusses the recent trends in gold prices, highlighting the potential for gold to reach $3,200, influenced by various factors including U.S.-China relations, interest rate movements, and the economic environment in the U.S. [4][28] Summary by Sections CFTC Data and Market Sentiment - The article emphasizes the importance of the CFTC data released weekly, which reflects market sentiment towards precious metals and short/medium-term price judgments [3][4]. Gold Price Trends - As of March 31, international gold prices reached a new high of $3,100, with a potential to stabilize around $3,200 before further movements depending on market focus [4][28]. - The article notes that gold prices have risen significantly since last November, when they dropped to around $2,590 [4][28]. Fund Positioning - As of March 25, net long positions in COMEX gold decreased by 3.7% to 599 tons, marking the 76th consecutive week of net long positions [5][9]. - The article indicates that the net long positions in silver also fell, while platinum saw a significant increase in short positions [5][9]. Market Dynamics - The article highlights that despite rising gold prices, there is currently a lack of excessive greed in the market, which could indicate further upward potential [4][27]. - It also mentions that the performance of gold and other risk assets may be affected by fluctuations in the U.S. stock market [4][28]. Economic Indicators - The article discusses the probability of the U.S. Federal Reserve cutting interest rates in June, which could further influence gold prices [26][28]. - It suggests that the market is currently pricing in multiple rate cuts, which could lead to increased volatility in the dollar and subsequently benefit gold prices [26][28]. Future Outlook - The article predicts that geopolitical risks and economic conditions will play a crucial role in shaping the future of gold prices, with a particular focus on the potential for a significant downturn in copper prices due to changing demand dynamics [19][29]. - It concludes that the next 12 to 24 months will be critical for the U.S. economy, especially if inflation pressures resurface alongside interest rate cuts [32][28].