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Is gold bearish? Reports of Trump inviting trade hawks back to lead as the United States trade representative.
The Trump effect has prompted gold traders to take profit, with the world's largest gold etf experiencing the largest weekly fund outflow since 2022.
Gold and silver continue to fall, with gold down nearly $40 in the short term!
The analyst pointed out that the main reasons for the decline in gold prices are the strengthening of the US dollar, the rise in US bond yields, and an increase in financial market risk appetite.
Hong Kong stocks fluctuated | Golden industrial concept all fell sharply in the morning, the strength of the US dollar and US bonds put pressure on the gold price, and the market generally lowered the magnitude of future interest rate cuts.
The golden industrial concept stocks fell across the board in the morning session. As of the press time, Chi Silver GP (00815) dropped by 5.45%, trading at 0.26 Hong Kong dollars; Zijin Mining Group (02899) fell by 4.02%, trading at 15.76 Hong Kong dollars; Lingbao Gold (03330) fell by 4.02%, trading at 3.1 Hong Kong dollars.
The Federal Reserve cut interest rates by 25 basis points, sticking to its guns. Can the gold bulls be saved?
A sudden appearance of Trump halfway! Global investors shift their focus to Powell, whether gold can "stop the bleeding" depends on this line of defense.......
Dragon Mining Reports High-Grade Gold Finds in Finland
Dragon Mining (01712.HK): Further discovery of high-grade ore samples in the JOKISIVU gold mine drilling.
On November 6th, Geelong reported that Dragon Mining (01712.HK) announced it has obtained the final content for underground diamond core drilling activities in the Arpola area of the Jokisivu gold mine in southern Finland. The results presented in this report represent the final 12 drill holes out of 19 at depths of 220 meters to 380 meters in the Arpola vein system, totaling 2,641.00 meters of underground diamond core drilling activities (Arpola-1), and 12 drill holes at depths of 125 meters to 160 meters in the Arpola vein system, totaling 1,258.60 meters of drilling activities (Arpola-2).
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