Gold stocks are among the top gainers in the Hong Kong market. At the time of writing, Zijin Gold Intl (02259.HK) surged 10.98% to HK$117.2, while Zijin Mining (02899.HK) rose 7.26% to HK$33.68. Zhaojin Mining (01818.HK) advanced 7.09% to HK$21.46, ChinaGoldIntl (02099.HK) increased 7.12% to HK$161, and Chifeng Gold (06693.HK) gained 6.14% to HK$29.38.

On the news front, spot gold broke above $4,310 per ounce on June 15, marking an intraday increase of over 2%. According to reports, on June 14, U.S. President Trump stated on social media that the Strait of Hormuz would reopen for mine clearance operations following the signing of the US-Iran agreement on the 19th.

Analysts from CICC Wealth Futures noted that gold is the primary beneficiary of the US-Iran agreement. Subsequent focus will be on the passage of oil tankers through the Strait of Hormuz and trends in oil prices.

HuaTai Futures indicated that looking ahead, as negotiations between the US and Iran progress, inflation levels may decline, potentially easing market expectations for monetary policy tightening. This could open the door for the Federal Reserve to adopt a more accommodative stance, which may support a rebound in precious metals prices. The firm maintains a cautiously optimistic view on gold.