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As NY Apr Gold Futures Surpass USD3,000, ZIJIN Up 4%+, ZHAOJIN Up 5%
Recommend 4 Positive 15 Negative 4 |
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Heightened tariff uncertainty and renewed market expectations of a U.S. Federal Reserve rate cut drove New York’s April gold futures up 1.5% overnight (13th), ending at USD2,991.3 per ounce. In the Asian session, prices breached above the USD3,000 mark, hitting a high of USD3,003.9. HK-listed gold miners rallied in response. ZIJIN MINING (02899.HK) advanced 4.1% to HKD16.94; SD GOLD (01787.HK) shot up 4.3% to HKD16.42; ZHAOJIN MINING (01818.HK) swelled 5.1% to HKD14.96; CHINAGOLDINTL (02099.HK) surged 7.7% to HKD53.4; and LINGBAO GOLD (03330.HK) escalated 3.6% to HKD5.73. AAStocks Financial News |
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