Gold Hits All-Time Highs, Silver Rallies To 2024 Peak As Powell Hints At Fed Rate Cuts: 10 Mining Stocks Moving Wednesday
Gold Hits All-Time Highs, Silver Rallies To 2024 Peak As Powell Hints At Fed Rate Cuts: 10 Mining Stocks Moving Wednesday
Precious metals surged once again in response to Fed Chair Jerome Powell's recent statements hinting at potential monetary policy easing in 2024, contingent upon further positive data on inflation and growing confidence that price pressures will align with the 2% target.
美联储主席杰罗姆·鲍威尔（Jerome Powell）最近发表声明，暗示2024年可能放松货币政策，这取决于进一步的积极通货膨胀数据，以及人们对价格压力将与2％目标一致的信心增强，因此贵金属再次飙升。
Gold prices, as gauged by the SPDR Gold Trust (NYSE:GLD), soared 0.8% to $2,150/oz during midday trading in New York, surpassing the previous peak of $2,146/oz set in December 2023. The yellow metal is now on track for its seventh consecutive day of gains.
根据SPDR黄金信托基金（纽约证券交易所代码：GLD）的衡量，黄金价格在纽约午盘交易中飙升了0.8％，至每盎司2,150美元，超过了2023年12月创下的2,146美元/盎司的峰值。黄金现在有望连续第七天上涨。
Similarly, silver experienced a notable 2.2% rally, reaching $24.20/oz, its highest level since the end of December 2023. Since the beginning of the month, both gold and silver have seen impressive gains of 5% and 6.4%, respectively.
同样，白银也经历了2.2％的显著上涨，达到24.20美元/盎司，这是自2023年12月底以来的最高水平。自本月初以来，黄金和白银均出现了令人印象深刻的涨幅，分别为5％和6.4％。
Treasury yields extended their decline on Wednesday, with the 10-year yield falling to 4.1%, marking its lowest level in a month. Similarly, longer-dated 30-year yields dropped by 5 basis points to 4.25%, the lowest since early February.
美国国债收益率周三延续跌势，10年期国债收益率跌至4.1％，为一个月来的最低水平。同样，30年期长期收益率下降了5个基点至4.25％，为2月初以来的最低水平。
The U.S. dollar index (DXY), as tracked by the Invesco DB USD Index Bullish Fund ETF (NYSE:UUP), fell by 0.5%, on track for its worst session in 2024.
景顺数据库美元指数看涨基金ETF（纽约证券交易所代码：UUP）追踪的美元指数（DXY）下跌0.5％，有望在2024年创出最糟糕的交易日。
In response to queries regarding the timing of potential Fed rate cuts, Powell remarked, "We are not expecting inflation to necessarily hit the 2% mark, but we do require further evidence." Powell emphasized the anticipation of a continued decline in 12-month inflation readings.
在回答有关美联储可能降息时机的询问时，鲍威尔表示：“我们预计通货膨胀率不一定会达到2％大关，但我们确实需要进一步的证据。”鲍威尔强调了对12个月通胀数据持续下降的预期。
The Fed Chair dismantled fears of an imminent recession and stated that commercial real estate risks are 'manageable.'
美联储主席消除了对经济衰退迫在眉睫的担忧，并表示商业房地产风险 “可控”。
Markets reflect expectations of four rate cuts by December 2024, with a 73% probability assigned to the first rate cut potentially occurring as early as June.
市场反映了到2024年12月四次降息的预期，首次降息的可能性为73％，最早可能在6月降息。
Chart: Gold Prices Reach Record Highs
图表：黄金价格创历史新高
Mining Stocks Rally Wednesday
矿业股周三上涨
The significant upticks in both gold and silver sparked a vigorous rally among mining stocks on Wednesday.
周三，黄金和白银的大幅上涨引发了矿业股的强劲上涨。
The VanEck Gold Miners ETF (NYSE:GDX) rose 2.5%, poised for a fifth straight days of gains, reaching the highest since mid-January.
VanEck Gold Miners ETF（纽约证券交易所代码：GDX）上涨2.5％，有望连续第五天上涨，达到1月中旬以来的最高水平。
The VanEck Junior Gold Miners ETF (NYSE:GDXJ) surged 2.4%, showing a similar trend.
VanEck Junior Gold MinersETF（纽约证券交易所代码：GDXJ）上涨2.4％，表现出类似的趋势。
| Name | 1-Day % | Market Cap |
| Ivanhoe Electric Inc. (NYSE:IE) | 12.03% | $ 1.05B |
| Contango Ore, Inc. (NYSE:CTGO) | 8.63% | $ 186.97M |
| Vista Gold Corp. (NYSE:VGZ) | 7.27% | $ 53.25M |
| Coeur Mining, Inc. (NYSE:CDE) | 6.19% | $ 1.19B |
| Austin Gold Corp. (NYSE:AUST) | 5.73% | $ 13.15M |
| DRDGOLD Limited (NYSE:DRD) | 4.88% | $ 684.89M |
| Gold Resource Corporation (NYSE:GORO) | 4.70% | $ 24.48м |
| Hycroft Mining Holding Corp. (NASDAQ:HYMC) | 3.7% | $ 41.31M |
| Freeport-McMoRan Inc. (NYSE:FCX) | 3.61% | $ 55.17B |
| Hecla Mining Company (NYSE:HL) | 3.40% | $ 2.43B |
| 姓名 | 1 天% | 市值 |
| 艾芬豪电气公司（纽约证券交易所代码：IE） | 12.03% | 1.05B 美元 |
| Contango Ore, Inc.（纽约证券交易所代码：CTGO） | 8.63% | 186.97 亿美元 |
| Vista Gold Corp.（纽约证券交易所代码：VGZ） | 7.27% | 53.25 亿美元 |
| Coeur Mining, Inc.（纽约证券交易所代码：CDE） | 6.19% | 1.19 亿美元 |
| 奥斯汀黄金公司（纽约证券交易所代码：AUST） | 5.73% | 13.15 亿美元 |
| DRDGOLD 有限公司（纽约证券交易所代码：DRD） | 4.88% | 684.89 亿美元 |
| 黄金资源公司（纽约证券交易所代码：GORO） | 4.70% | 24.48 美元 |
| 海克罗夫特矿业控股公司（纳斯达克股票代码：HYMC） | 3.7% | 4131 万美元 |
| 弗里波特-麦克莫兰铜金公司（纽约证券交易所代码：FCX） | 3.61% | 55.17亿美元 |
| 赫克拉矿业公司（纽约证券交易所代码：HL） | 3.40% | 2.43亿美元 |
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照片来自 Shutterstock。