CITIC Construction Investment: The price of gold and copper commodities is about to break through, further boosting the bull market in non-ferrous metals

Zhitong
2025.08.31 11:33

CITIC Construction Investment's research report pointed out that the core PCE, an inflation indicator favored by the Federal Reserve, has risen moderately, stabilizing the market's expectations for a rate cut at the Fed's September meeting. The incident of Trump firing Federal Reserve Governor Cook continues to ferment, seriously threatening the independence of the Federal Reserve. The US dollar has weakened, stimulating the monetary properties of gold and the financial properties of copper. Commodity prices are on the verge of breaking previous highs, opening up upward space for equity targets. The non-ferrous sector is showing a comprehensive blooming situation across various sub-sectors, with price-driven EPS and improved sentiment, along with strategic positioning enhancing PE, creating a double boost. It is recommended to actively participate

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