According to Africa News, analysts said anticipated interest rate cuts by the Federal Reserve have lowered the opportunity cost of holding gold, making the non-yielding asset increasingly attractive to investors.
Zijin’s debut signals investor appetite for precious metals
The optimism surrounding the precious metal translated directly into a blockbuster listing for Zijin Gold International, a subsidiary of Zijin Mining Group. Its shares opened at HK$111.5 and leapt to HK$119.5 by afternoon trading, marking a rise of over 66% and giving the firm a market capitalisation above HK$310 billion.
Zijin’s performance reflects strong investor confidence in its operations. The company reported a 16% year-over-year increase in mined gold production to 41 tonnes in the first half of 2025, underscoring its growth trajectory.
Industry watchers believe the dual impact of record-breaking bullion prices and Zijin’s successful listing may trigger a broader revaluation across the precious metals sector.
With gold shining brighter than ever, the rally shows little sign of slowing, positioning the sector for a new wave of global investment.
