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Zhongtai: Q1 profits from Gold and Industrial Metals continue to increase, Bullish on investment opportunities in Precious Metals and Rare Earth Permanent Magnets Sector.
Be prepared for both possibilities.
Hong Kong stocks are moving | Golden Industrial Concept stocks are declining across the board as tariffs and geopolitical conflicts ease, putting significant pressure on international gold prices.
All Golden Industrial Concept stocks declined. As of the time of writing, LINGBAO GOLD (03330) fell by 5.83%, trading at HKD 8.89; SD GOLD (01787) fell by 5.51%, trading at HKD 22.3; Chifeng Jilong Gold Mining (06693) fell by 5.17%, trading at HKD 25.7.
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.
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.
Concerns Surrounding China Silver Group's (HKG:815) Performance
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.
