理解市场 | 黄金股延续近期涨势 现货黄金逼近 4150 美元再创新高 金矿商盈利弹性巨大
Jihai Resources rose 9.3%, closing at HKD 1.88; Lingbao Gold rose 6.71%, closing at HKD 21.3; Shandong Gold rose 5.06%, closing at HKD 44; Zhaojin Mining rose 5.23%, closing at HKD 35; China Gold International rose 4.31%, closing at HKD 150.2. On the news front, driven by geopolitical factors, economic uncertainty, expectations of interest rate cuts by the Federal Reserve, and strong central bank buying, spot gold approached USD 4,150, setting a new high on Tuesday. Bank of America raised its gold and silver price forecasts for next year, targeting a gold price of USD 5,000 per ounce and a silver price of USD 65 per ounce. HSBC recently released a research report stating that the rise in gold prices will bring significant profit elasticity to Chinese gold producers. The bank believes that for every 1% change in gold prices, the profits of pure gold mining stocks will change by approximately 2%. This multiplier effect means that in a gold bull market, the potential price increase of gold producers' stocks will significantly exceed the increase in gold prices themselves. Based on this expectation, HSBC has raised the target prices for Zijin Mining, Shandong Gold, and Zhaojin Mining
According to the Zhitong Finance APP, Ji Hai Resources (02489) rose by 9.3%, trading at HKD 1.88; Lingbao Gold (03330) increased by 6.71%, trading at HKD 21.3; Shandong Gold (01787) rose by 5.06%, trading at HKD 44; ZHAOJIN MINING (01818) increased by 5.23%, trading at HKD 35; CHINAGOLDINTL (02099) rose by 4.31%, trading at HKD 150.2.
On the news front, driven by geopolitical and economic uncertainties, expectations of interest rate cuts by the Federal Reserve, and strong central bank buying, spot gold approached USD 4,150, reaching a new high on Tuesday. Bank of America raised its gold and silver price forecasts for next year, targeting a gold price of USD 5,000 per ounce and a silver price of USD 65 per ounce.
HSBC recently released a research report stating that the rise in gold prices will bring significant profit elasticity to Chinese gold producers. The bank believes that for every 1% change in gold prices, the profits of pure gold mining stocks will change by approximately 2%. This multiplier effect means that in a gold bull market, the potential price increase of gold producers' stocks will significantly exceed the increase in gold prices themselves. Based on this expectation, HSBC has raised the target prices for Zijin Mining, Shandong Gold, and ZHAOJIN MINING
