Chow Tai ?$#@$ (01929) rose more than 6%. As of press release, it had risen 5.8% to HK$12.76, with a turnover of HK$164 million.
The Zhitong Finance App learned that Chow Tai ?$#@$ (01929) rose more than 6%. As of press release, it had risen 5.8% to HK$12.76, with a turnover of HK$164 million.
According to the news, international gold prices continued to rise over the past few days on Monday, once again reaching a record high for closing. By the close, April gold futures on the New York Mercantile Exchange closed at $2,1888.6 an ounce, an increase of 0.14%. At the same time, the price of pure gold jewelry in China has also risen one after another. Currently, the price of pure gold in many brand gold stores has exceeded 650 yuan/gram.
Aakash Doshi, head of North American commodity research at Citibank, said that in the next 12 to 18 months, the price of gold may soar to 3,000 US dollars per ounce. The most likely situation that will cause the price of gold to rise to 3,000 US dollars per ounce is that central banks in emerging market economies are speeding up de-dollarization. Under the circumstances where central banks around the world accelerate their purchases of gold, gold purchases may double. According to Citi's forecast, combined with exchange rate estimates, the future price of gold may exceed 750 yuan/gram (RMB).