candycrushsagafreedownload| The price of gold ornaments fell 15 yuan per gram overnight, and gold stocks also fell sharply today.

editor 2024-04-23 6次阅读

If you want to speculate in the stock market, you can see the research report of Jin Kirin analysts.CandycrushsagafreedownloadAuthoritative, professional, timely, comprehensive, to help you tap the potential theme opportunities!

Interface News reporter | Hou Ruining

Affected by the fall in international gold prices, domestic A-share gold shares fell sharply on April 23.

As of around 14:50, the Wind Gold Select Index was down 3%.Candycrushsagafreedownload.89 to 2627.66. Of this total, Yintai Gold (000975.SZ) fell 4.89% to 17.89 yuan, while Shandong Gold (600547.SH) fell 4.61% to 28.99 yuan.

On the same day, Zijin Mining (601899.SH) fell 4.16 per cent to Rmb17.06, China Gold (600489.SH) fell 4.1 per cent to Rmb12.4 and Hunan Gold (002155.SZ) fell 3.49 per cent to Rmb13.54.

Gold and jewellery stocks also fell.

candycrushsagafreedownload| The price of gold ornaments fell 15 yuan per gram overnight, and gold stocks also fell sharply today.

Among them, 603900.SH fell 9.93% to 6.08 yuan, 300945.SZ fell 7.14% to 10.4 yuan, Yulong shares (601028.SH) fell 6.34% to 10.2 yuan, and Sichuan Gold (001337.SZ) fell 5.7% to 25.3 yuan.

The price of gold jewelry fell over the same period. On April 23, the price of Chow Tai Fook gold jewelry was 719 yuan / g, compared with 733 yuan / g the day before, down 14 yuan / g overnight. Gold ornaments such as Zhou Shengsheng, Xie Ruilin and Lao Miao gold fell 15 yuan / g.

The decline in domestic gold stocks and gold jewelry prices is mainly affected by international gold prices.

As of April 22, gold futures on the New York Mercantile Exchange closed at $2346.4 an ounce, down 2.79%, the biggest one-day drop since early February last year.

There are two main reasons for the decline in gold futures prices. First, the conflict between Israel and Iran did not show the expected severity over the weekend, but moved towards easing, market risk aversion weakened and geo-conflict factors driving the gold market weaker.

Second, the progress of the United States in dealing with high inflation is limited, the Fed's interest rate cut expectations continue to cool during the year, and the dollar index strengthens, making gold prices lose support.

The price of gold has continued to rise since April.

Gold futures on the New York Mercantile Exchange have broken through the $2300 / oz mark since April 3, rising to an all-time high of $2413.8 an ounce on April 19, according to British financial data. On April 21, the price began to fall.

At present, analysts are still optimistic about the medium-and long-term upward trend of gold.

On April 21, Cinda Securities issued an analysis report saying that if the Iran-Israel conflict continues to escalate, precious metal bulls will continue to take advantage of the east wind of risk aversion to continue to push up prices; if the conflict in the Middle East is downgraded, the market focus will turn to the important issue of when the Fed will cut interest rates. Cinda Securities believes that the price of gold and silver is still in an over-rising range.

In mid-April, Huaxin Securities released an analysis report saying that short-term US economic data exceeded expectations and CPI caused the start of interest rate cuts to be delayed, but the operation expectations of interest rate cuts remained unchanged. The superimposed gold part opens the expectation of anti-inflation trading, and the price of gold still has a lot of room to rise.

Xu Zhiyan, manager of Hua'an Fund Gold ETF Fund, said in an interview with CCTV News that although the expectations of the Fed to cut interest rates have been repeated, in the medium to long term, especially in the medium term, the rate cut is almost certain, which will support the gold price.