Lanzhou Huanghe Enterprise Co LtdImpact on stocks 1
Lanzhou Huanghe Enterprise Co LtdBosera Gold ETF rose 2.56%, with the latest price at 8.84 yuan. US July ADP added 44,000 jobs, far below the market expectation of 70,000 and the lowest level this year. Spot gold gained over 1% intraday, breaking above the $4,300 per ounce mark. CICC Wealth Futures believes the sharp rise in gold has fulfilled bullish expectations and may remain strong in the short term. Deutsche Bank maintains its fourth-quarter 2026 gold price target of $4,600 per ounce, noting that global central bank gold purchases hit a record $45 billion, and the correction bottom for gold may have been established near $3,900. Bosera Gold ETF's latest shares reached 4.756 billion, a new high in nearly one month, with net inflows totaling 580 million yuan over the past 15 consecutive days.
Lanzhou Huanghe Enterprise Co Ltd