Galaxy Securities: A-share gold zone is expected to form a Rebound

GoldenOctober2024

On January 8th, the data from Golden Ten showed that the mid-term logic of gold price pump has not changed. The overall valuation of A-share gold zone has reached the bottom area of nearly 5 years. The performance of A-share gold stocks in the fourth quarter of 2024 is expected to rise compared to the third quarter, and the performance forecast is Favourable Information. The recent increase in market fluctuation in A-share market has increased the value of gold zone allocation, which is expected to drive the formation of Rebound in A-share gold zone.

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