HK Movers | Golden Industrial Stocks Extend Rally. Laopu Gold up About 12%; Chifeng Gold up over 6%; Zijin Mining, SD Gold up Around 5%

Tiger Newspress01-26

Golden Industrial stocks extended rally in Hong Kong on Monday. Laopu Gold up about 12%; Chifeng Gold up over 6%; Zijin Mining, SD Gold up around 5%; China Gold Intl, Lingbao Gold up over 4%.

Gold surged to a record high above $5,000 an ounce on Monday, extending a historic rally as investors piled into the safe-haven asset amid rising geopolitical tensions.

Spot ‌gold rose 1.86% to $5,075.75 per ounce, while U.S. gold futures for February delivery gained 1.86% to $5,072.2 per ounce.

Gold soared 64% in 2025, underpinned by sustained safe-haven demand, U.S. monetary policy easing, robust central bank purchases - with China extending its gold-buying spree for a fourteenth ‌month in December - and record inflows into exchange-traded funds. Prices have gained more than 16% this year.

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