In April, the foreign exchange reserves increased, Gold reserves have been increased for six consecutive months. How to decide on Gold investment with a 5% fluctuation?
① As of the end of April, China's Forex reserves were approximately 3281.7 billion USD, an increase of 41 billion USD from the end of March. In April, the "reciprocal tariffs" introduced by Trump caused the dollar to drop significantly by about 4.4%, resulting in an increase in the price of non-dollar assets in our foreign reserves. ② The central bank continued to increase its Gold shareholding in April, and as of the end of April, Gold reserves amounted to 73.77 million ounces.
Zijin Mining Group (02899) will distribute a final dividend of 2.8 yuan for every 10 shares on June 20.
Zijin Mining Group (02899) announced that the company will distribute as of January 2024 on June 20, 2025.
ZIJIN MINING: Withholding and Payment of Enterprise Income Tax on Behalf of Non-resident Enterprise Shareholders in respect of 2024 Final Dividend
ZIJIN MINING: Withholding and Payment of Personal Income Tax in respect of 2024 Final Dividend
Gold Prices Dip In Malaysia Despite Global Bullish Momentum
Invesco: The market is increasingly worried about the risks associated with USA Assets, and it is expected that gold prices will continue to rise.
The market is concerned that the inherent risks of USA assets are increasingly rising, possibly reflecting anxiety about the resistance to USA economic growth or President Trump's trade policies.
Zijin Mining's Unit Completes Acquisition of Zangge Mining's Controlling Stake
Zijin Mining Group to Spin Off Gold Mines, List on Hong Kong Bourse
Galaxy Securities: The logic for the long-term rise in Gold prices remains unchanged; investors should take advantage of price corrections to position in the Gold Sector.
Galaxy Securities stated that the logic for the medium to long-term rise in Gold prices remains unchanged and recommends positioning in the Gold Sector during pullbacks.
Gold Eyes New Highs With Trade Deal Uncertainty Holding Downside in Check
Express News | Zijin Mining Says It Has Obtained Controlling Right in Zangge Mining
Express News | JPMorgan Chase & Co's Long Position in H Shares of Zijin Mining Decreases to 7.23% on April 30 From 8.11% - HKEX
Gold: Why Bears May Turn Aggressive Ahead of Fed Decision
Gold Prices Extend Rally as Tariff Jitters Revive Haven Demand; Fed Meeting Looms
Zhongyou Securities: With easing expectations of tariffs, Gold may welcome an opportunity to go long at the bottom.
The shadow of tariffs from the Trump administration still looms, and the essence of the shrinking trade deficit is the decline in Bid for US debt. The probability of rising long-term bond rates in the USA increases, highlighting the allocation value of Gold.
Market update | Golden Industrial Concept stocks are collectively strengthening, Chifeng Jilong Gold Mining rises over 7%, international gold prices regain upward momentum, Goldman Sachs reaffirms "structural Call".
In terms of news, gold prices soared again after several days of adjustment. On May 6th, spot gold broke through 3360 dollars per ounce, rising by 0.82% during the day.
【Brokerage Focus】Galaxy Securities: After the Federal Reserve lowers interest rates, Gold is expected to rise above 3700 dollars.
Jinwu Finance | Galaxy Securities stated that a breakthrough in Gold's Range may require waiting for the USA Federal Reserve to cut interest rates or for a surge in physical Gold demand. In the future, further observation is needed on the USA economic situation, whether it is stagflation or recession. If stagflation occurs and the Federal Reserve does not cut interest rates, then Gold is likely to exhibit an upward fluctuation. If a recession begins, Gold will adjust along with other CSI Commodity Equity Index until the Federal Reserve starts cutting rates. The fluctuation Range of Gold has been systematically raised to between $3,150 and $3,550, and after the Federal Reserve cuts rates, Gold is expected to rise above $3,700. Additionally, strong physical Gold demand may lead to another surge in Gold in the second half of the year.
Gold Sees Limited Upside as All Eyes Turn to Fed
Here's What We Like About Zijin Mining Group's (HKG:2899) Upcoming Dividend
Express News | U.S.-listed Chinese stocks surge at the opening, with Alibaba up over 4%.