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2024-12-14 01:23:20

Spot gold hit $2,680 per ounce for the first time since November 25th, rising by 0.74% in the day.HSBC: optimistic about the EU power network and integrated utilities; It is considered that renewable energy has risks.Berenberg raised Oracle Bone Inscriptions's target price from $146 to $157.


Government of India: Appoint Ajay Seth, the current Minister of Economic Affairs, as Minister of Finance.Prime Minister of Mauritius: The previous government falsely reported GDP and public debt.Chengyu, Sichuan: Qionglai South Toll Station of Tianqiong Expressway was officially completed and opened to traffic. On December 10th, Qionglai South Toll Station, the largest toll station along Tianqiong Expressway under Sichuan Chengyu Expressway Co., Ltd., was officially completed and opened to traffic. (China Securities Network)


Reuters survey: 93 out of 103 economists believe that the Federal Reserve will cut the federal funds rate by 25 basis points to 4.25%-4.50% on December 18th.The central bank will buy more than 4 tons of gold after half a year. Will the price of gold rise? According to the latest data from the Bank of China, the official gold reserve of China at the end of November 2024 was 72.96 million ounces, an increase of 160,000 ounces (about 4.54 tons) compared with the end of October, which means that the People's Bank of China increased its holdings of gold for the first time in half a year. Why did the central bank buy gold again after half a year? What is the trend of the subsequent gold price? Guo Zhongwei, chief analyst of non-ferrous industry in Zhongtai Securities, said in an interview that the uncertainty of the global situation has increased recently, especially Trump is about to officially take office as president of the United States, or the anti-globalization trend has been intensified, thus increasing the instability of the external environment. In this context, increasing gold holdings will help to enhance the security of China's reserve assets. . The market generally believes that the resumption of gold purchase by the Bank of China resonates with the global interest rate cut cycle, and the increase in holdings is significantly higher than the level of the last gold purchase before the suspension, which not only strongly supports the gold price, but also greatly boosts the market's confidence in the market outlook. (The country is a through train)Chief Financial Officer of Citigroup: The credit card default incident did not bring any accidents.

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