Gold futures hit a historic high again, institutions focus on long-term opportunities in gold stocks.
With the repeated impact of hot markets such as innovative drugs, artificial intelligence, and robotics, the hot gold sector in the first half of the year has recently been relatively quiet. However, it is worth noting that last Friday, the price of gold futures on the New York Mercantile Exchange hit a new record high, reaching $3534.1 per ounce. "We are strategically optimistic about gold, short-term fluctuations are a good opportunity for us to position ourselves," said Wang Jie, a self-employed securities business person in Shanghai, to reporters. Wang Jie said that there will be more catalytic events in the future gold price. With the consensus of the market on the long-term rise of gold prices becoming more unified, the investment logic of gold stocks has changed, and the market is shifting from focusing on short-term production growth of companies to paying more attention to the reserves of companies. Companies with more reserves will have their value highlighted.
Latest