HK Movers | Gold Stocks Jump as Gold Hovers near Early-June High on Lower Bond Yields

Tiger Newspress08-20 09:44

Gold hovered near its highest level in more than two months on Thursday after a surprise liquidity support announcement by the U.S. Treasury pushed yields and the dollar lower.

Gold stocks jumped in Kong Kong. Zijin Gold International rose 12%; Lingbao Gold rose 10%; SD Gold and Zhaojin Mining rose 9%; Wanguo Gold, Tongguan Gold, and Laopu Gold rose 8%.

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