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Gold Miners Thrive Broadly, as Spot Gold Hits New High Again; ZIJIN MINING Up ~4%
Recommend 24 Positive 21 Negative 23 |
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Gold prices advanced for the sixth consecutive day, touching another historical high. Spot gold once inched up 0.4% to US$3,546.96 per ounce, last up 0.18% to US$3,539.44 per ounce. Gold futures for December delivery last went up 0.24% to US$3,600.9 per ounce. The prospect of interest rate cuts in the US enhanced the appeal of gold, and traders sought safe havens after sell-offs in the stock and bond markets. Gold prices have soared 5% over the past six trading days. Hong Kong-listed gold miners executed well broadly today (3rd). ZIJIN MINING (02899.HK) last stood at HKD28.08, up 3.62%, with a trading volume of 10.5994 million shares, involving HKD297 million. SD GOLD (01787.HK) last printed at HKD32.16, up 4.15%, with a trading volume of 7.3898 million shares, involving HKD243 million. ZHAOJIN MINING (01818.HK) last traded at HKD28.04, up 4.55%. LINGBAO GOLD (03330.HK) last stood at HKD16.33, up 4.68%. CHINAGOLDINTL (02099.HK) last quoted at HKD128.8, up 3.79%. AASTOCKS Financial News Website: www.aastocks.com |
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