Hong Kong stocks fluctuated丨Golden Industrial Concept fell, trade war cools down, gold dropped below 3170 dollars.

On May 15, according to Ge Long Hui, the international gold price has fallen, and Hong Kong's Golden Industrial Concept stocks are also down, with TONGGUAN GOLD dropping nearly 4%, Chifeng Jilong Gold Mining nearly 3%, SD GOLD and ZHAOJIN MINING over 2%, and LINGBAO GOLD and Zijin Mining Group about 2% down. In terms of news, on Wednesday, gold prices fell sharply due to easing global trade tensions, which alleviated concerns over a potential global economic recession, boosting investors' risk appetite and dampening gold's appeal as a safe haven. Currently, spot gold in Asia continues to decline, dipping below $3,170 per ounce at one point. Market participants state that the cooling of market risk aversion is the main reason for the adjustment in gold prices. The medium to long-term outlook for gold prices remains upward, but short-term upward momentum has weakened. (Ge Long Hui)