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.
聯儲局主席傑羅姆·鮑威爾（Jerome Powell）最近發表聲明，暗示2024年可能放鬆貨幣政策，這取決於進一步的積極通貨膨脹數據，以及人們對價格壓力將與2％目標一致的信心增強，因此貴金屬再次飆升。
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.
根據SPDR黃金信託基金（紐約證券交易所代碼：GLD）的衡量，黃金價格在紐約午盤交易中飆升了0.8％，至每盎司2,150美元，超過了2023年12月創下的2,146美元/盎司的峯值。黃金現在有望連續第七天上漲。
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.
同樣，白銀也經歷了2.2％的顯著上漲，達到24.20美元/盎司，這是自2023年12月底以來的最高水平。自本月初以來，黃金和白銀均出現了令人印象深刻的漲幅，分別爲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.
美國國債收益率週三延續跌勢，10年期國債收益率跌至4.1％，爲一個月來的最低水平。同樣，30年期長期收益率下降了5個點子至4.25％，爲2月初以來的最低水平。
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.
景順數據庫美元指數看漲基金ETF（紐約證券交易所代碼：UUP）追蹤的美元指數（DXY）下跌0.5％，有望在2024年創出最糟糕的交易日。
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.
在回答有關聯儲局可能降息時機的詢問時，鮑威爾表示：“我們預計通貨膨脹率不一定會達到2％大關，但我們確實需要進一步的證據。”鮑威爾強調了對12個月通脹數據持續下降的預期。
The Fed Chair dismantled fears of an imminent recession and stated that commercial real estate risks are 'manageable.'
聯儲局主席消除了對經濟衰退迫在眉睫的擔憂，並表示商業房地產風險 “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.
市場反映了到2024年12月四次降息的預期，首次降息的可能性爲73％，最早可能在6月降息。
Chart: Gold Prices Reach Record Highs
圖表：黃金價格創歷史新高
Mining Stocks Rally Wednesday
礦業股週三上漲
The significant upticks in both gold and silver sparked a vigorous rally among mining stocks on Wednesday.
週三，黃金和白銀的大幅上漲引發了礦業股的強勁上漲。
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（紐約證券交易所代碼：GDX）上漲2.5％，有望連續第五天上漲，達到1月中旬以來的最高水平。
The VanEck Junior Gold Miners ETF (NYSE:GDXJ) surged 2.4%, showing a similar trend.
VanEck Junior Gold MinersETF（紐約證券交易所代碼：GDXJ）上漲2.4％，表現出類似的趨勢。
| 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 |
| 艾芬豪電氣公司（紐約證券交易所代碼：IE） | 12.03% | 1.05B 美元 |
| Contango Ore, Inc.（紐約證券交易所代碼：CTGO） | 8.63% | 186.97 億美元 |
| Vista Gold Corp.（紐約證券交易所代碼：VGZ） | 7.27% | 53.25 億美元 |
| Coeur Mining, Inc.（紐約證券交易所代碼：CDE） | 6.19% | 1.19 億美元 |
| 奧斯汀黃金公司（紐約證券交易所代碼：AUST） | 5.73% | 13.15 億美元 |
| DRDGOLD 有限公司（紐約證券交易所代碼：DRD） | 4.88% | 684.89 億美元 |
| 黃金資源公司（紐約證券交易所代碼：GORO） | 4.70% | 24.48 美元 |
| 海克羅夫特礦業控股公司（納斯達克股票代碼：HYMC） | 3.7% | 4131 萬美元 |
| 弗裏波特-麥克莫蘭銅金公司（紐約證券交易所代碼：FCX） | 3.61% | 55.17億美元 |
| 赫克拉礦業公司（紐約證券交易所代碼：HL） | 3.40% | 2.43億美元 |
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照片來自 Shutterstock。