# gold price
Latest news and articles about gold price
Total: 2 articles found
Gold Above $5,000 Reprices Miners — Chinese Producers Ride a Historic Rally but Faces Risks
A historic surge in gold prices above $5,000 an ounce has repriced mining stocks, particularly Chinese producers, which are reporting large profit upgrades for 2025 driven by higher prices, modest production gains and efficiency improvements. Major banks and wealth managers have lifted price targets further, while analysts caution that central-bank buying and ETF flows underpin the rally even as macro risks could prompt sharp corrections.
Market Ripples and Social Controls: China’s Gold Surge, Tencent’s Big Red Packet and a Gansu Quake Shake the Week
A 5.5-magnitude quake rattled Gansu but caused no confirmed casualties as emergency teams responded. China tightened internet protections for minors, markets saw a gold-led rally while mainland turnover topped 3 trillion yuan, Tencent plans a 1 billion yuan red-packet campaign for its new app, and KFC raised delivery prices slightly amid cost pressure.