Gold’s Record Run is the winners who exceed Bullion, such as the general subscription that has just emerged

• Gold set a new record more than $ 3,800 an ounce, and rose 47 % in 2025.

• The metal itself is not the only winner of the extended gathering.

• Hong Kong rose public subscription on Tuesday in Zejin Gold by 66 %, confirming the investor’s appetite for precious metals.

Gold is not only destroying records in the commodity market – it also brings them out in stocks.

Gold spot It was destroyed by a new record above $ 3,800 an ounce on Tuesday, crowning an unrelated gathering, sending gold by 47 % so far this year.

The latest gains are fed by fears of a Close the US government And expectations of interest rates in the field of federal reserves.

This background is the theater for the first time on Tuesday by Zijin Gold International in Hong Kong. The company is the outer arm of Zijing Mining, one of the best gold producers in China.

The shares of the mining factor jumped by up to 66 % on the first day of trading, confirming how investors are scrambling for the shares of the bull market in the alloys.

The retail part of the Zijin Gold, which is 3.2 billion dollars, has been approved, according to organizational deposits.

“For mining institutions such as Zijin Gold in the gold industry chain, the price of high gold and the continuous rise will lead to increased performance growth, as the rise in gold prices will enhance their revenues and profits directly,” wrote Chris Wang, an analyst for Smartkarma, on Tuesday.

Gold -related investment funds are also inflated this year. The Vaneck Gold ETF and Sprott Gold ETF workers have multiplied more than twice this year so far.

I followed the shares of mining giants. The Kolorado -based Neumont, the world’s largest gold mining in the world, increased by 127 % this year. Barrick mining in Canada, the other gold mine, increased by 114 % during the same period.

The Zijin Gold menu came at an appropriate time, as gold Best Year Since the 1970s.

Macro drivers remain crucial.

Low bond returns, driven by expected Federal Reserve rate discounts, make gold more attractive, while sticky inflation supports its role as a hedge.

At the same time, it strengthened the geopolitical uncertainty-including the second state of Donald Trump as president-from its traditional safe and safe.

However, even before Trump won and opened elections, the gold was in Safia due to continuous Buying the central bank.

This year, ETF investors also accumulate.

“The fact that the ETF request has re -entered the scene strongly that there are two forms of” Aggressor “gold, from central banks and ETF investors. This helps to clarify the reason for the continuation of gold in good performance.”

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