Haitong Securities: Focus on the Opportunity to Increase Allocation to Gold Assets After Gold Price Stabilizes

By: theblockbeats.news|2025/10/24 01:15:56
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BlockBeats News, October 24th. Huatai Securities pointed out that on the evening of October 21st, the international gold price experienced its largest single-day drop in 12 years, at 5.3%. The core reason behind this was a significant decrease in safe-haven sentiment driven by multiple factors. However, in a period of global order reconstruction, gold remains the most suitable safe-haven asset. We believe that the short-term decline does not affect the long-term logic of gold, and the pullback actually provides an opportunity to increase positions. After stabilizing, it is advisable to refocus. On the 22nd, the stock prices of typical gold companies actually fell less than the gold price itself, indicating that the market's consensus on the long-term allocation value of gold-related assets remains unchanged. The gold price is still in a long-term upward trend, and most gold companies are still expected to achieve both volume and price growth in 2026. The current valuation levels are gradually becoming more attractive for additional positions. We recommend buying on dips, especially focusing on leading stocks with both growth potential and resource advantages. (FX678)

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