Hong Kong Stock Movement | CHI SILVER GP (00815) Surges 6% as Silver Returns to $43 High After 14 Years

Stock News
Sep 22

CHI SILVER GP (00815) gained 6%. As of press time, the stock rose 6% to HK$0.53, with trading volume reaching HK$23.47 million.

On the news front, spot silver broke through $43 per ounce, hitting a new high since September 2011. Jinxin Futures believes that the Federal Reserve's trend toward continued interest rate cuts remains unchanged, and the core factors driving this round of gold and silver bull markets have not changed.

From a medium to long-term perspective, with "gold setting the stage and silver taking the spotlight," as gold rises steadily, silver is also expected to welcome its main upward wave. The firm believes international silver has the potential to target the historical high of $50 per ounce, while domestic silver may break through the 11,500-12,000 yuan per kilogram range.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10