Stock Track | Lingbao Gold Soars 5.13% as Gold Prices Near Record Highs

Stock Track

Aug 29

Lingbao Gold (03330) stock is soaring 5.13% in intraday trading, as the precious metal market shows strong momentum. The stock's significant uptick comes amid a broader rally in gold-related stocks in Hong Kong.

The surge in Lingbao Gold's stock price is attributed to gold heading for a consecutive weekly gain, pushing the commodity closer to a record high. Investors are closely watching an upcoming inflation reading that could significantly influence U.S. monetary easing decisions this year, potentially affecting gold prices further.

Other gold stocks in Hong Kong are also experiencing notable gains. China Gold International Resources led the pack with a 6% increase, while Zhaojin Mining and Chifeng Gold matched Lingbao Gold's 5% rise. Tongguan Gold, Laopu Gold, Zijin Mining, and Shandong Gold also saw positive movements, underlining the sector-wide optimism in the gold market.

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Tongguan Gold, Laopu Gold, Zijin Mining, and Shandong Gold also saw positive movements, underlining the sector-wide optimism in the gold market.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"03330","symbol_name":"灵宝黄金","start_time":0,"source_url":"","article_id":"1146619500","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1146619500","pubTimestamp":1756433805,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Lingbao Gold (03330) stock is soaring 5.13% in intraday trading, as the precious metal market shows strong momentum. 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