On June 21, Grohui reported that gold stocks rose before the US market, with Gold Fields up about 3.3%, Harmony Gold Mining up more than 2.4%, Anglogold up more than 2.1%, and Kinross Gold up 0.65%. In terms of news, spot gold continued to rise, breaking through $2360/ounce, a new high since June 7. Kelvin Wong, senior market analyst for OANDA Asia-Pacific, said that in the short term, the main factor pushing up gold prices is the escalation of geopolitical tensions, especially after the latest news from the Gaza conflict. The market is currently considering the possibility of another Fed rate cut after September, which could support gold prices to stay above $2300.
美股异动丨美股黄金股盘前普涨 现货黄金创近半个月新高
US stock market abnormal movement: US golden industrial concept stocks rose across the board before the market, and spot gold hit a new high in nearly half a month.
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