HK Movers | Gold Stocks Shine. SD Gold up 6%; Zijin Gold up over 5%; Persistence Res, Taung Gold up around 4%; Tongguan Gold, Zhaojin Mining, Chifeng Gold up over 3%

Tiger Newspress
10/06

SD Gold up 6%; Zijin Gold up over 5%; Persistence Res, Taung Gold up around 4%; Tongguan Gold, Zhaojin Mining, Chifeng Gold up over 3%.

China Merchants Securities has published a research report initiating a Strongly Recommend rating on Zijin Gold(02259.HK).

As the U.S. federal government shutdown continues, the spot gold notched a new historical high this morning (6th) at USD3,920.63, last up 0.5% to USD3,907.18. Gold futures for December delivery last rose 0.6% at USD3,931.

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