On June 21, Glonhui reported that gold stocks in the US rose across the board, with Paramount Gold Nevada up 5%, Hycroft Mining up nearly 3%, and NovaGold Resources, Vista Gold, and Gold Fields up more than 1%. In terms of news, spot gold continued to rise, reaching a high of $2,360 an ounce at one point during the day, the highest since June 7. Kelvin Wong, OANDA's senior market analyst in Asia-Pacific, said that the main factor driving gold prices higher in the short term is the escalation of geopolitical tensions, particularly the latest news from the Gaza conflict. The market is currently considering the possibility of another rate cut by the Federal Reserve after September, which could support gold prices, keeping them above $2,300.
美股异动丨黄金股普涨，金田涨超1%
U.S. stock market anomaly: Golden industrial concept rises across the board, with gold fields up more than 1%.
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