China Silver Group (00815) rose nearly 7%. As of press release, it rose 6.96% to HK$0.12, with a turnover of HK$2.96 million.
The Zhitong Finance App learned that China Silver Group (00815) rose nearly 7%. As of press release, it had risen 6.96% to HK$0.12, with a turnover of HK$2.96 million.
According to the news, after the US non-farm payrolls report boosted expectations of interest rate cuts, gold expanded its gains and reached a record high. COMEX futures rose 0.9% to $2,185.50 per ounce; COMEX futures fell 0.1% to $24.5490 per ounce.
CITIC Construction Investment pointed out that industrial metal prices and stock price trends diverged in rhythm around the Spring Festival. Copper stock prices led copper prices, while gold stock prices and aluminum stock prices lagged behind gold and aluminum prices. As downstream consumption picks up, the industrial metals supply and demand gap will gradually become clear. Combined with the strengthening of expectations that the Federal Reserve will cut interest rates in the middle of the year, the upward momentum of industrial metal prices driven by both “financial attributes” and “commodity attributes” will become more obvious, thereby consolidating the upward foundation of stock prices and further opening up room for upward stock prices.