Rate cut expectations and trade situation boost gold prices; London gold mining stocks strengthen
Jinse Finance reported that London-listed gold sector stocks rose as gold prices strengthened. Victoria Scholar, Head of Investment at Interactive Investor, stated in a report that gold prices continue to climb, approaching historical highs, driven by expectations of a US interest rate cut this month and uncertainty over tariffs. "This week's focus is on the Federal Reserve's Beige Book, the US non-farm payroll report, the Job Openings and Labor Turnover Survey, and the ADP report." Hochschild Mining shares rose 5%, Alien Metals gained 3.85%, and Fresnillo increased by 1.6%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Data: A certain hacker sold 8,960 ETH at a price of $4,382 within 50 minutes
Institutions predict this week's non-farm payroll data will be strong, potentially supporting the US dollar
BRC20 protocol completes upgrade, introduces Ethereum Virtual Machine integration
Trending news
MoreCrypto prices
More








