Changes in Hong Kong stocks | Gold stocks collectively fall, Middle East tension cools down, international gold falls more than 3%

The Zhitong Finance App learned that gold stocks fell collectively. As of press release, Lingbao Gold (03330) fell 4.22% to HK$2.95; China Gold International (02099) fell 3.74% to HK$39.85; Shandong Gold (01787) fell 1.77% to HK$13.34; Zijin Mining (02899) fell 0.67% to HK$14.86.

According to the news, according to CCTV news, on the 25th local time, according to a report by the US Axios News Network quoting an American official, Israel and Hezbollah in Lebanon have already agreed on the terms of the cease-fire agreement. The official said it is expected that Israel's security cabinet will approve the agreement on the 26th. Furthermore, Trump nominated Scott Bessent as treasurer last Friday, but he said he would urge Trump to reduce the deficit to 3% of GDP during his term. Affected by this, overnight spot gold fell by more than 3% and is now reported at $2621.99 per ounce.

Huafu Securities believes that in the short term, Trump's deal has not completely subsided, and the market is still worried about future economic stagnation. Precious metals prices are expected to fluctuate mainly; from a medium- to long-term perspective, the monetary policy direction of the world's major economies is clear, and geographical conflicts such as Eastern Europe and the Korean Peninsula will still highlight the safe-haven nature of precious metals, and the medium- to long-term allocation value of precious metals will not change.