HK Stock Movement | CHI SILVER GP (00815) Surges Over 12% as Gold and Silver Rally; Institutions Bullish on Further Upside for Precious Metals

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CHI SILVER GP (00815) surged more than 12%, reaching HK$0.73 by the time of writing, with a trading volume of HK$63.64 million. The rally comes amid a strong uptick in precious metal prices, with spot silver breaking above $54, up over 1% intraday, and spot gold surpassing $4,200 per ounce for the first time since October 21. Analysts note that expectations of monetary easing and safe-haven demand continue to support the upward trajectory of precious metals. Additionally, reports suggest that changes in Federal Reserve leadership could further influence market sentiment. Institutions such as Nanhua Futures maintain a bullish outlook, citing sustained central bank gold purchases and growing investment demand as key drivers for higher precious metal prices in the medium to long term.

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