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ZIJIN MINING Leaps 4%+ Amid Gold Miner Rally; Spot Gold Hits New High
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Spot gold has busted above US$3,000 to reach a historic high of US$3,008.53 per ounce. It last printed at US$3,006.48 per ounce, up 0.2%. Gold futures for April also rose 0.3% to US$3,014.8 per ounce. These increases were driven by concerns over economic slowdown due to weaker-than-expected US retail data and gold's safe-haven appeal further highlighted by the escalating Middle East situation. Gold miners led the charge in the Hong Kong stock market today (18th). ZIJIN MINING (02899.HK) last printed at $17.84, up 4.69%, on a volume of 16.1982 million shares, involving $284 million. Meanwhile, SD GOLD (01787.HK) was last at $17.84, up 5.69%, ZHAOJIN MINING (01818.HK) at $15.72, up 3.83%, CHINAGOLDINTL (02099.HK) at $54.15, up 2.07%, and LINGBAO GOLD-1K (03330.HK) at $6.22, up 5.6%. AAStocks Financial News |
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