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Gold Safe-Haven Demand Subsides as US-Europe Tensions De-fuse; ZIJIN MINING Dives ~4%
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Gold prices snapped a three-day rally, following US President Donald Trump's withdrawal of the threat to place tariffs on European countries and his announcement of a future agreement framework regarding Greenland. Gold futures for February delivery faded 0.94% to USD4,791.8, while spot gold also declined by 1% to USD4,784.05. Hong Kong-listed gold miners faced selling pressure today (22nd), with ZIJIN MINING (02899.HK) last at HKD39.3, down 3.96%; ZHAOJIN MINING (01818.HK) at HKD37.96, down 5.1%; SD GOLD (01787.HK) at HKD44.76, down 2.91%; CHINAGOLDINTL (02099.HK) at HKD201, down 1.95%; and LINGBAO GOLD (03330.HK) at HKD23.62, down 4.29%. AASTOCKS Financial News Website: www.aastocks.com |
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