Trump discusses the possibility of war between the US and Iran: anything is possible, the situation is very unstable.
① The elected President Trump of the USA stated in a recent interview that he does not rule out the possibility of war between the USA and Iran; ② According to previous media reports, Trump will continue to exert maximum pressure on Iran during his second term.
Quick look at the Hong Kong market | The Hong Kong stock market continues to decline in the afternoon, with all three major indices falling over 2%; The drops in the tech, Autos, and Mainland Real Estate sectors have widened, with SUNAC down over 8%, Xpen
Network Technology stocks fell, MEITUAN-W dropped 3.73%, NTES-S fell 2.90%; most Alcoholic Beverages stocks declined, GRACEWINE dropped 9.36%, TIBET WATER rose 7.69%; most semiconductor stocks declined, SHEEN TAI rose 5.82%, HG SEMI fell 5.00%;
After the sharp decline in Gold prices, buyers are not ready to give up! FXStreet Senior Analyst: Gold prices are expected to rebound by more than 15 dollars.
#Gold Technical Analysis# 24K99 News After the sharp decline in the previous trading day, on Friday (December 13) during the European market morning, spot gold maintained a mild rebound trend within the day, with the current gold price around 2684 USD/ounce.
Gold: Critical Support and Resistance Levels to Watch Ahead of Fed Next Week
Hong Kong stocks fluctuation | The decline of Nonferrous Metals stocks has expanded as the rising dollar pressures the Nonferrous Metals Industry, entering a high volatility phase.
The decline in non-ferrous stocks has widened. As of this report, LINGBAO GOLD (03330) is down 5.42% at 2.79 HKD; GANFENGLITHIUM (01776) is down 4.42% at 21.6 HKD; CMOC Group Limited (03993) is down 4.26% at 5.62 HKD.
Two major bearish factors press down on the USA! Gold prices at 2687 show weak recovery. FXEmpire's latest technical analysis on Gold, Silver, and the USD.
USA PPI data exceeded expectations, the number of initial unemployment claims rose sharply, Gold is struggling to rise at 2687 dollars, and the strong dollar is back in focus as the market closely watches the pricing of next week's FOMC interest rate decision.
Hong Kong Stock Market Midday Review | All three major Indices fell, the Technology Index decreased by about 2%; the technology sector, domestic real estate, and China-Affiliated Brokerage stocks declined, SUNAC fell over 6%, CITIC SEC dropped over 4%, an
Network Technology stocks performed poorly, SenseTime-W fell by 3.21%, MEITUAN-W dropped by 2.84%; Golden Industrial Concept stocks generally declined, RA SILK ROAD increased by 7.46%, LINGBAO GOLD fell by 4.75%; Semiconductors stocks weakened, SHEEN TAI rose by 5.82%, Semiconductor Manufacturing International Corporation decreased by 3.87%;
The technical outlook "changes" after the gold price plummets! How will it proceed next? FXStreet's chief Analyst analyzes the technical prospects of Gold.
#Gold Technical Analysis# 24K99 News On Friday (December 13), during the Asian market session, spot gold rebounded slightly after a sharp drop yesterday, with the gold price currently around $2686 per ounce.
Institutions: The bull market for Gold may not be over yet.
The geopolitical and financial environment has become increasingly complex, making Gold reserve management more meaningful than ever before. Trump's rise to power seems less like the final chapter and more like an overture. As the imposition of tariffs globally may gradually transition from a 'campaign agenda' to reality, the continuation of de-dollarization and geopolitical changes remains a baseline assumption, and the probability of a short-term shift in central banks' attitudes towards Gold reserves is relatively low. Currently, there are no signs of a reversal or even a weakening in what drives this round of the Gold bull market; Gold should continue to maintain a bullish outlook.
Gold prices have plummeted! The World Gold Council: Market growth may slow down in 2025.
What will the future trend be.
Express News | Most of the Golden Industrial Concept stocks in the Hong Kong stock market declined, with LINGBAO GOLD falling nearly 5%.
Hong Kong stocks are experiencing fluctuations | Golden Industrial Concept stocks are collectively declining, Precious Metals have sharply plummeted during the trading session, and the World Gold Council expects the gold price increase to slow down next y
The Golden Industrial Concept stocks fell collectively. As of the time of writing, Zijin Mining Group (02899) dropped by 2.69%, trading at 15.2 Hong Kong dollars; LINGBAO GOLD (03330) fell by 2.37%, trading at 2.88 Hong Kong dollars; CHINAGOLDINTL (02099) decreased by 1.97%, trading at 39.75 Hong Kong dollars.
Gold plummeted during trading! World Gold Council: The rise in gold prices may slow down next year.
The World Gold Council points out that looking ahead, everyone's attention is focused on the impact of Trump's second term on the Global economy.
Contrary to Wall Street! WGC: The rise in Gold prices may slow down in 2025.
The World Gold Council (WGC) stated that after experiencing a record surge this year, the pace of gold price increases will slow down in 2025.
Express News | The World Gold Council: Gold prices are expected to achieve the best annual performance in over a decade, with positive but moderate growth anticipated next year.
Heraeus: Silver is expected to reach 40 dollars next year, and its performance is likely to surpass Gold once again!
Analyst at Heraeus pointed out that the value of Silver relative to Gold is still at a historical low, and in the later stages of a bull market, Silver often performs better than Gold.
ING: Next year, the CSI Commodity Equity Index will experience a "Put year," while Gold will still shine!
① ING expects that the Global situation will put pressure on the Energy and CSI Commodity Equity Index markets, but the outlook for Gold remains bright. ② The report points out that Trump's tariff plans may disrupt the oil, Metal, and Agriculture markets; ③ However, ING predicts that the average Gold price will rise to $2,760 per ounce by 2025, primarily influenced by central bank purchases of Gold and the appeal of Gold as a safe-haven asset.
Gold Trade Alert: Two important data points in the USA may ignite market trends! FXStreet Analyst's analysis of gold price trading.
#Gold Technical Analysis# On Thursday (December 12), during the early European market, spot gold maintained a slight downward trend, with the current gold price around 2715 USD/ounce.
Gold bulls are brewing the next wave of breakout! Notable Institutions: Gold prices still have over 30 dollars of upward potential.
On Thursday at the close of the Asian market, spot Gold is around 2714 dollars per ounce. According to Economies.com, the current gold price is waiting for further increases, with the first target aiming at 2745.00 dollars per ounce.
ING Groep: Gold will shine in the CSI Commodity Equity Index bear market.
Analysts expect that many varieties of the CSI Commodity Equity Index will gradually decline in price next year, while the average price of Gold will rise from the current approximately $2,713 per ounce to $2,760.