On January 23rd, the precious metals sector experienced a collective surge, with the sector index climbing over 5% at the time of writing. Sichuan Gold, Hunan Silver both rose more than 9%, while CHIFENG GOLD advanced over 6%. Western Gold and Xiaocheng Technology each gained more than 5%.
The precious metals sector in Hong Kong stocks also recorded substantial increases, with nearly all individual stocks trading in positive territory. As of writing, CHIFENG GOLD surged over 9%, followed by Laopu Gold rising nearly 8%. Datang Gold and China Gold International both increased more than 5%.
Spot silver extended its upward trend, briefly breaking through $99 per ounce during the session to set a new historical high.
Spot gold also reached a fresh all-time high during trading, momentarily surpassing $4,960 per ounce.
Editor: Yu Jian
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