On the morning of February 17, Beijing time, the Russian satellite news agency reported that Ukrainian armed forces fired mortar shells and grenades at four settlements in Luhansk region. Spurred by the news, the marketRisk aversion rises in Asian marketsGold stocks generally rose.
Gold price continues to soar, Goldman Sachs Group raises the forecast of gold price for 12 months to 2150 US dollars / ounce.
Since the beginning of the year, the price of gold has soared under the catalysts of the geopolitical conflict between Russia and Ukraine and inflation in the United States. in January, the price of gold exceeded $1800 an ounce. According to the latest market today, spot gold rose more than 1%. At one point, it stood at $1890 an ounce, the highest in three months. Gold's steady rising model boosted bulls' confidence on Wall Street. Goldman Sachs Group raised his 12-month gold price forecast to $2150 an ounce from his previous target of $2000 an ounce in his latest report, and recommended buying gold futures in December 2022.
What are the specific investment opportunities in the stock market?
Us Stock Gold related ETF:
$SPDR Gold ETF (GLD.US) $：SPDR gold ETF, one of the most liquid commodity ETF, began trading in 2004, expanding the potential market for gold. Before GLD, investors in the gold market were limited to physical bullion and coins, futures contracts and gold mining stocks.
Other gold ETF:$Gold Mining ETF-VanEck (GDX.US) $、$small gold mining ETF-Market Vectors (GDXJ.US) $、$iShares Asustek MSCI Global Gold Mining Stock ETF (RING.US) $、$Sprott Physical Gold Trust (PHYS.US) $、$Gold Trust ETF-iShares (IAU.US) $。
Leveraged products:$MICROSECTORS GOLD MINERS 3X LEVERAGED ETN (GDXU.US) $、 $double long small gold index per day-Direxion (JNUG.US) $、Twice the long gold index ETF-Direxion (NUGT.US) $per day。
Us Precious Metals stocks
Gold shares:
Barrick Gold is engaged in the production and sale of gold and copper, as well as related activities such as exploration and mine development. It operates through the following market segments, Barrick Nevada, Veladro, Pueblovillo, North Lagunas, turquoise Ridge, Acacia and Pasqualama.
Www.barrick.com
Franco-Nevada manages royalties and STREAMS portfolios focused on gold. It provides investors with gold prices and exploration options, while limiting many of the operating companies' exposures.
Agnico Eagle Mines Co., Ltd. is a company engaged in gold exploration and production. It operates through the following market segments: northern commerce, southern commerce and exploration. The northern operations include LaRonde Mine, LaRonde 5 Mine, Lapa Mine, Goldex Mine, Meadowbank Mine (including Amaruq deposits), Canadian Malatik Joint Business, Meliadine Project and Kittila Mine. The southern business district consists of Pinos Altos mine, Creston Mascota mine and La India mine.
$Sibanye Stillwater (SBSW.US) $：
Sibanye-Stillwater Co., Ltd. mines precious metals, including palladium, platinum, gold and related metals. It operates through the following market segments: Driefontein, Kloof and Beatrix.
Jintian Co., Ltd. is a gold mining company engaged in gold production and mine operation. The company is operating mines in Australia, Ghana, Peru and South Africa.
Newmont Mining is a gold producer engaged in gold production. It operates through the following geographical areas: North America, South America, Australia and Africa. The North American part mainly includes Carlin, Phoenix, Twin Brooks and long Canyon in Nevada, and crippled Creek and Victor in Colorado in the United States. The South American part is mainly made up of Yanakoha in Peru and Marian in Suriname. The Australian branch is mainly composed of Boddington, Tanami and Kalgoorlie from Australia. The African part is mainly composed of Ahaf and Akyem of Ghana.
Agnico Eagle Mines Co., Ltd. is a company engaged in gold exploration and production. It operates through the following market segments: northern commerce, southern commerce and exploration. The northern operations include LaRonde Mine, LaRonde 5 Mine, Lapa Mine, Goldex Mine, Meadowbank Mine (including Amaruq deposits), Canadian Malatik Joint Business, Meliadine Project and Kittila Mine. The southern business district consists of Pinos Altos mine, Creston Mascota mine and La India mine.
SSR Mining is a gold company. It operates, develops, explores and acquires metal resources assets located in Turkey and the Americas. The company specializes in Puller Gold Mine, Pune Gold Mine, marigold Gold Mine and Seabee Gold Operations.
Other gold industry related stocks:
$Wheaton Precious Metals (WPM.US) $：
Wheaton is the world's leading precious metal delivery company with a high-quality, long-life, low-cost portfolio. Its business model provides investors with commodity price leverage and exploration advantages, but its risk profile is much lower than that of traditional mining companies. Wheaton has the highest cash operating margin in the mining industry, enabling it to pay competitive dividends and continue to grow through value-added acquisitions.
Norma royalty Co., Ltd. is a gold and silver royalty company. It has the right to buy a certain proportion of gold or silver produced from the mine, usually during the life cycle of the mine. The company has a portfolio of royalties, liquidity and gold loan assets.
Silver ETF:Silver ETF-iShares (SLV.US) $、$ETFMG PRIME 2X DAILY JUNIOR SILVER MINERS ETF (SILX.US) $、$Global X Silver Mining ETF (SIL.US) $、$ETFS physical Silver shares (SIVR.US) $、$Sprott Physical Silver Trust (PSLV.US) $。
Other precious metals and mining stocks:
BHP Group Ltd Group Co., Ltd. is engaged in the exploration, development, production and processing of iron ore, metallurgical coal and copper. Its business scope includes the following parts: oil, copper, iron ore and coal. Oil exploration, development and production of oil and natural gas. Copper mine refers to the mining of copper, silver, lead, zinc, molybdenum, uranium and gold. The iron ore part is composed of iron ore, and the coal part is mainly metallurgical coal and energy coal.
Rio Tinto PLC Co., Ltd. is a multinational mineral and resources company. In addition to the most famous iron ore, Rio Tinto PLC is also the world's largest aluminum company, as well as coal, iron, copper, gold, diamond, energy and other businesses. Engaged in the exploration, exploitation and processing of mineral resources.
Vale SA is engaged in the production and export of iron ore, pellets, manganese and ferroalloys. It operates through the following sectors: ferrous metals, base metals and coal. The Ministry of Iron Mines includes production and mining of iron ore, iron ore pellets, manganese and other ferrous metal products, as well as logistics services. The base metals sector is involved in the production and extraction of nickel and its by-products. The coal sector includes the production and mining of metallurgical coal and thermal coal and their logistics services.
Hong Kong stock market gold and precious metals target and ETF:
Gold shares:$Zijin Mining Group (02899.HK) $、$Zhaojin Mining (01818.HK) $、China Gold International (02099.HK) $、$Shandong Gold Mining (01787.HK) $
Other precious metal stocks:$Aluminum Corporation Of China Ltd (02600.HK) $、$Jiangxi Copper (00358.HK) $
Gold ETF:$SPDR Gold Trust (02840.HK) $、$value gold (03081.HK) $、$Hang Seng currency ETF (83168.HK) $
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