LINGBAO GOLD (03330) shares surged 6.97% in intraday trading, as spot gold prices reached a new all-time high of $3,072 per ounce. The rally in gold prices has sparked a broad uptick in Hong Kong-listed gold stocks, with LINGBAO GOLD leading the pack.
The precious metal's record-breaking performance has had a ripple effect across the gold sector. While LINGBAO GOLD experienced the most significant gains, other notable players in the industry also saw substantial increases. SD Gold and China Gold both recorded gains of approximately 3%, underscoring the sector-wide impact of the gold price surge.
Adding to the bullish sentiment, Goldman Sachs has raised its gold price forecast to $3,300. The investment bank cited stronger-than-expected exchange-traded fund (ETF) inflows and sustained central bank demand as key drivers for their optimistic outlook. This upward revision in price targets suggests that the rally in gold stocks, including LINGBAO GOLD, may have further room to run in the near term.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。