The central bank will buy more than 4 tons of gold after half a year. Will the price of gold rise? According to the latest data from the Bank of China, the official gold reserve of China at the end of November 2024 was 72.96 million ounces, an increase of 160,000 ounces (about 4.54 tons) compared with the end of October, which means that the People's Bank of China increased its holdings of gold for the first time in half a year. Why did the central bank buy gold again after half a year? What is the trend of the subsequent gold price? Guo Zhongwei, chief analyst of non-ferrous industry in Zhongtai Securities, said in an interview that the uncertainty of the global situation has increased recently, especially Trump is about to officially take office as president of the United States, or the anti-globalization trend has been intensified, thus increasing the instability of the external environment. In this context, increasing gold holdings will help to enhance the security of China's reserve assets. . The market generally believes that the resumption of gold purchase by the Bank of China resonates with the global interest rate cut cycle, and the increase in holdings is significantly higher than the level of the last gold purchase before the suspension, which not only strongly supports the gold price, but also greatly boosts the market's confidence in the market outlook. (The country is a through train)HSBC: optimistic about the EU power network and integrated utilities; It is considered that renewable energy has risks.Spot gold hit $2,680 per ounce for the first time since November 25th, rising by 0.74% in the day.
In the United States, the annual retail sales rate of red books in the week to December 7 was 4.2%, and the previous value was 7.4%.Russian President Vladimir Putin: A sufficient number of Hazelnut missiles will effectively reduce the necessity of using nuclear weapons.Huang Man served as the deputy general manager of Soochow Fund. On December 10th, Soochow Fund Management Co., Ltd. announced the change of senior management: from now on, Huang Man served as the deputy general manager of the company. According to the announcement, Huang Man has served as a financial engineer, deputy general manager and deputy general manager (presiding) of Hongta Securities Innovation Research Department, general manager of Hongzheng Junfang Investment Co., Ltd., a subsidiary of Hongta Securities, deputy general manager of Hongta Securities Fixed Income Department, and deputy general manager (presiding) and deputy general manager of Hongta Securities Shanghai Fixed Income Branch. He is currently the deputy general manager of Soochow Fund Management Co., Ltd..
Market News: The Russian Duma supports the legislation to remove the Taliban from the list of prohibited organizations.Finance Minister of Canada: It is expected that the government will reach the debt-to-GDP ratio predicted in the budget, and the economic report in autumn will show that the government is meeting its financial targets.Berenberg raised Oracle Bone Inscriptions's target price from $146 to $157.
Strategy guide
Strategy guide 12-14