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Gold Prices Ebb from Peak, Last Down 4%; ZHAOJIN/ ZIJIN Slip ~10%/ 9%
Recommend 10 Positive 29 Negative 25 |
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Gold prices retreated after notching historical peaks, with spot gold last down 4% to USD5,159.07 per ounce, nearly 8% below the peak. Gold futures for February delivery dived 3.45% to USD5,134.8 per ounce. The USD Index (DXY) rose 0.5% to 96.64. HK-listed gold miners led the decline today, with ZHAOJIN MINING (01818.HK) last at HKD36.32, down 9.65%. ZIJIN MINING (02899.HK) issued USD1.5 billion in convertible bonds, last at HKD42.08, down 8.8%. SD GOLD (01787.HK) last posted at HKD45.08, down 12.72%. LINGBAO GOLD (03330.HK) last stood at HKD23.22, down 8.15%. CHINAGOLDINTL (02099.HK) last logged at HKD209.4, down 8.24%. As for gold ETFs, SPDR GOLD TRT (02840.HK) last printed at HKD3,705, down 6.93%. HS GOLD ETF (03170.HK) last charted at HKD16.31, down 6.48%. AASTOCKS Financial News Website: www.aastocks.com |
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