Sina Financial News With the rise in gold prices, the performance of relevant listed companies has pumped. Hunan Gold, Shandong Gold and other companies in the first quarter performance is generally promising. For the follow-up trend of the gold market, industry insiders believe that before the Federal Reserve officially cuts interest rates, the U.S. bond Intrerest Rate or return to the downward channel, and the pump certainty of gold prices is higher, but the Fluctuation may increase. According to the research report of GF Securities, gold is one of the mainstream assets in the world. Risk aversion is one of the important factors in the marginal impact of gold pricing. In addition, global Central Bank increased their purchases and reserves of gold. In 2023, global central banks bought 1,037 tonnes of gold, significantly higher than the average annual level of 512 tonnes in the previous decade. In the composition of gold demand, consumer demand, trading demand and Central Bank gold purchase demand together accounted for more than ninety percent. Among them, Central Bank gold purchase or support gold prices continued to hit new highs.
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The price of gold rose, and the performance of listed companies in the first quarter was intensive
Sina Financial News With the rise in gold prices, the performance of relevant listed companies has pumped. Hunan Gold, Shandong Gold and other companies in the first quarter performance is generally promising. For the follow-up trend of the gold market, industry insiders believe that before the Federal Reserve officially cuts interest rates, the U.S. bond Intrerest Rate or return to the downward channel, and the pump certainty of gold prices is higher, but the Fluctuation may increase. According to the research report of GF Securities, gold is one of the mainstream assets in the world. Risk aversion is one of the important factors in the marginal impact of gold pricing. In addition, global Central Bank increased their purchases and reserves of gold. In 2023, global central banks bought 1,037 tonnes of gold, significantly higher than the average annual level of 512 tonnes in the previous decade. In the composition of gold demand, consumer demand, trading demand and Central Bank gold purchase demand together accounted for more than ninety percent. Among them, Central Bank gold purchase or support gold prices continued to hit new highs.