Hong Kong stock movement | Zijin Mining Group (02899) rose more than 4% in the early session and plans to spin off its overseas gold mining assets for a listing in Hong Kong.

Zijin Mining Group (02899) rose over 4% in the early session, and as of this writing, it is up 2.94%, trading at 17.48 Hong Kong dollars, with a turnover of 0.535 billion Hong Kong dollars.

Zhitong Finance23:56 ET

Express News | U.S.-listed Chinese stocks surge in overnight trading, with Alibaba up over 4%.

Moomoo 24/722:49 ET

International gold prices have fallen, dragging Golden Industrial Concept stocks down, with Chifeng Jilong Gold Mining (06693) dropping 4.51%.

King Wu Financial News | Golden Industrial Concept stocks fell overall, Chifeng Jilong Gold Mining (06693) dropped 4.51%, TONGGUAN GOLD (00340) fell 4.2%, LINGBAO GOLD (03330) dropped 2.69%, ZHAOJIN MINING (01818) decreased by 2.38%, and CHINAGOLDINTL (02099) declined by 0.88%. However, Zijin Mining Group (02899) increased by 3.77%. In terms of news, the market is focused on the upcoming non-farm payroll report to determine the economic outlook, and due to the easing of trade war tensions, international gold prices fell last night, with New York futures gold closing at $3222.2 per ounce, down.

Jinwu Financial News22:37 ET

【Special Contributor】Guo Jiayao: With the mainland market closed for holidays, it is expected that the overall market will maintain a fluctuating pattern.

Jinwu Financial News | US stocks performed well on Thursday, with strong earnings from Technology companies driving the market upwards, all three major Indexes recorded gains at the close. The dollar performed well, with the US ten-year bond yield rebounding to 4.21%, gold prices continued to be under pressure, and oil prices slightly rebounded from low levels. Hong Kong's pre-market securities were slightly weak, and it is expected that the market will open lower in the early session. The mainland stock market showed a downward trend before the holiday, with the Shanghai Composite Index opening high and then falling, closing down 0.2%. The transaction volume in the Shanghai and Shenzhen markets slightly increased. Hong Kong stocks continue to experience a tug-of-war, with the Index lingering at a narrow range, and overall trading remains light. The mainland market is closed for the holiday, coupled with the market's wait-and-see attitude regarding trade negotiations and economic data.

Jinwu Financial News20:07 ET

Zijin Mining Group's (HKG:2899) Returns On Capital Are Heading Higher

Simply Wall St18:51 ET

Express News | Wanguo Gold - Unit Entered Contract Processing Technical Service for Gold Ridge Mine, Solomon Islands With Xiamen Zijin Mining+Metallurgy Technology

ReutersMay 1 06:11 ET

Jefferies Adjusts Zijin Mining Group's Price Target to HK$22.40 From HK$21.20, Keeps at Buy

MT NewswiresMay 1 04:51 ET · Ratings

Express News | Zijin Mining - Proposed Spin-off and Listing Is Still in Preliminary Planning Stage

ReutersApr 30 07:50 ET

Express News | Zijin Mining - Zijin Mining Proposes to Reorganise Its Overseas Gold Mine Assets Under Zijin Gold International Co

ReutersApr 30 07:50 ET

World Gold Council quarterly report: Bullion, ETF purchase spree, Gold demand sees the strongest start in nine years.

① The World Gold Council report states that in the first quarter of 2025, global gold demand is expected to grow by 1% year-on-year, reaching 1,206 tons, setting the strongest demand record for a first quarter since 2016; ② The report indicates that retail investors continue to Buy gold bars and coins, the investment enthusiasm for Gold ETF has also reignited, and central banks across various countries continue to purchase gold to diversify their Forex reserves.

cls.cnApr 30 05:06 ET

Gold Trades Lower as Dollar and Yields Rise Ahead of Coming Economic Data

MT NewswiresApr 29 09:40 ET

Gold Outlook: Record Highs on Ice as Bearish Signals Build

Investing.com Apr 29 02:58 ET

Gold has come to a sudden stop, long positions have drastically decreased, and analysts warn that the trend has diverged from the fundamentals.

Barclays strategist Stefano Pascale stated that the surge in Gold Call Options after Trump's tariffs, leading to an inverted skew indicator, coupled with a sharp reduction in hedge fund long positions and the recent pullback in Gold prices, are all reasons to adopt a cautious outlook on Gold prices in the short term. The movement of Gold has already "decoupled" from the "fundamental drivers" such as the US dollar and real interest rates.

wallstreetcnApr 28 04:33 ET

Gold Falls Globally: US$ -1.29%, RM -1.34%

Business TodayApr 28 03:15 ET

Is there a warning of a bullish-bearish reversal in the Options market? Cracks are appearing in the myth of Gold's surge?

This month, Gold's upward trend surpasses all major asset classes, as Trump's tariff war reshapes the Global economic order, with safe-haven funds continuously pouring into the gold market. However, changes in Options positions are causing some market observers to remain cautious.

Zhitong FinanceApr 27 19:32 ET

The gold-silver ratio has rarely broken 100! Silver is expected to welcome a valuation repair window.

As of April 21, 2025, the price ratio of Gold to Silver (hereinafter referred to as the gold-silver ratio) has risen to 105.26, well above the historical average of 50 to 80. A gold-silver ratio over 100 signifies extreme pricing in light of stagflation risks and indicates that the window for Silver valuation recovery is gradually opening.

wallstreetcnApr 26 04:16 ET

The rise and subsequent fall of Gold has raised concerns about a peak, while Silver may welcome a corrective rally.

For investors who missed the recent rise in Gold, Silver may be an attractive option.

Zhitong FinanceApr 25 21:39 ET

Options -- The Striking Price: How to Win If Gold Moves Higher or Takes a Plunge -- Barron's

Barron'sApr 25 21:30 ET

With Gold-backed Tokens Crossing $2B, Has Crypto's Elusive Safe Haven Arrived?

BenzingaApr 25 09:11 ET

Why Investors Can't Get Enough of Gold Right Now

BNN BloombergApr 25 08:51 ET