The Zhitong Finance App learned that gold stocks rose again. As of press release, Lingbao Gold (03330) rose 5.86% to HK$17.71; Zijin Gold International (02259) rose 3.96% to HK$141.9; Shandong Gold (01787) rose 3.10% to HK$18.64; and Zhaojin Mining (01818) rose 2.41% to HK$17.83.

According to news, on November 9, COMEX Gold once again reached 4,100 US dollars. According to the latest data from the Central Bank of China, gold reserves at the end of October were 78.3 million ounces, an increase of 830,000 ounces over the previous month. This is the 24th consecutive month of increase in gold holdings, and the monthly increase in holdings reached a new high since the gold purchase campaign was restarted in November 2024.

The latest report released by the World Gold Council shows that in the third quarter, global central banks were buying gold strongly, driving demand from the beginning of the year to date to exceed the same period in 2025. Global central bank gold purchase demand reached 321 tons during the quarter, far higher than the five-year quarterly average. The net purchase volume already announced for the third quarter reached 120 tons. Gold purchase activity is still highly concentrated, mainly contributed by China and Poland. Since the beginning of the year, global central banks have purchased a total of 675 tons of gold, an increase of 6% over the same period last year.

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