Will tonight's PCE bring Bullish news? The bearish trigger for Gold may be ignited!

After the Fed took a hawkish stance, the market fell into chaos. Will tonight's PCE data bring a glimmer of hope for the bulls?

Golden10 DataDec 20 17:03

Market quick glance | The three major Indices showed mixed results, with the tech index slightly rising, Xiaomi and Tencent increasing nearly 3%; Semiconductors stocks were strong, with Semiconductor Manufacturing International Corporation rising over 8%;

Network Technology stocks performed poorly, KUAISHOU-W fell by 5.42%, Alibaba-W dropped by 3.44%; most Coal Industrial Concept stocks declined, SOUTHGOBI fell by 12.02%, China Coal Energy dropped by 6.37%; many Hong Kong Retail Stocks fell, PRADA decreased by 3.80%, BOSSINI INT'L dropped by 3.48%;

Futu NewsDec 20 16:23

Hong Kong stocks fluctuated | Golden Industrial Concept once again fell as the Federal Reserve's hawkish interest rate cut boosted the US dollar, putting pressure on Precious Metals prices in the short term.

Golden Industrial Concept has declined again. As of the time of reporting, CHINAGOLDINTL (02099) fell by 2.49% to 37.2 Hong Kong dollars; SD GOLD (01787) dropped by 2.47% to 12.62 Hong Kong dollars; Zijin Mining Group (02899) decreased by 1.95% to 14.08 Hong Kong dollars.

Zhitong FinanceDec 20 14:31

Hong Kong stock market midday review | All three Indexes rose, Semiconductors and Tencent Related stocks strengthened, Weimob surged over 16%, Semiconductor Manufacturing International Corporation rose over 10%, and Tencent increased over 3%.

Network Technology stocks generally fell, KUAISHOU-W dropped 4.65%, Alibaba-W fell 3.32%; many Coal Industrial Concept stocks declined, SOUTHGOBI fell 8.50%, China Coal Energy dropped 5.01%; Mobile Game stocks rose, BOYAA fell 5.06%, TENCENT increased 3.08%;

Futu NewsDec 20 12:09

SD GOLD (600547): A well-established state-owned leader in Golden Minerals, growing through internal development and external expansion.

【Core Conclusion】We predict the company's net income attributable to the parent company for the years 2024-2026 to be 3.321, 5.262, and 5.936 billion yuan, with price-to-book ratios of 2.9, 2.5, and 2.2 respectively. Referencing comparable companies, a valuation of the company is given.

Western SecuritiesDec 20 00:00

Shandong Gold Mining Announces 2025 EGM Details

TipRanksDec 19 22:38