Precious Metals Stocks Rally at Market Open, Tongguan Gold Surges 6%

Deep News

4 hours ago

Gold-related equities kicked off the trading session with broad gains on Tuesday morning, reflecting renewed investor interest in the sector.

Among the notable movers, TONGGUAN GOLD (00340) led the charge, climbing 6.40% to HK$3.41. Meanwhile, CHINAGOLDINTL (02099) advanced 3.61% to HK$264, extending its recent upward momentum.

Other key players in the sector also posted solid gains. Lingbao Gold (03330) rose 2.97% to HK$22.22, while Shandong Gold (01787) added 1.51% to HK$26.82. Zijin Mining (02899) rounded out the positive session, trading 1.23% higher at HK$36.24.

The broad uptick in gold stocks comes as spot prices for the precious metal continue to hold firm, supported by ongoing geopolitical tensions and expectations of a more accommodative monetary policy stance from major central banks.

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