HK Stock Market Move | Golden stocks collectively opened higher in the morning, Middle East situation remained tense, international gold and silver prices rose simultaneously during trading.

Golden stocks opened higher this morning. As of writing, CHINAGOLDINTL (02099) was up 3.94% at 198 Hong Kong dollars; Zijin Mining Group (02899) was up 2.95% at 43.9 Hong Kong dollars; ZHAOJIN MINING (01818) was up 2.56% at 32 Hong Kong dollars; WANGUO GOLD GP (03939) was up 2.47% at 16.98 Hong Kong dollars. On the news front, tensions in the Middle East continue to escalate. It is reported that Trump is leaning towards launching a first wave of attacks on Iran in the coming days. If the initial strike is not effective, Trump will consider launching a larger-scale attack on Iran. Satellite images show a significant increase in US fighter jets in the Middle East. Gold and silver prices are rising simultaneously today. Spot gold briefly exceeded 5150 US dollars, up 1.20%; spot silver intraday gains expanded to 2.86%. Furthermore, several major banks have raised their gold price targets. ANZ Bank expects gold prices to touch 5800 US dollars per ounce in the second quarter of this year; Jefferies has raised its 2026 gold price forecast from 4200 US dollars to 5000 US dollars; UBS believes that gold prices could reach a high of 6200 US dollars per ounce by mid-year, with support coming from central bank and investment demand, expanding fiscal deficits, declining real interest rates in the US, and geopolitical risks.