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January 21 – The State Council Taiwan Affairs Office held a regular press conference on January 21. A reporter asked: Some foreign media reported that China pressured European countries to ban Taiwanese politicians from entering the country, and Taiwans foreign affairs department attacked and slandered this. What is the spokespersons comment on this? Spokesperson Peng Qingen stated that we firmly oppose any form of official exchanges between countries that have diplomatic relations with China and Taiwan. The one-China principle is a basic norm of international relations and a universal consensus of the international community. The DPP authorities petty actions cannot shake the international communitys one-China framework.January 21st - According to Zhejiang Statistics Bureau, based on the unified accounting results for regional GDP, Zhejiangs GDP reached 9,454.5 billion yuan in 2025, a 5.5% increase year-on-year at constant prices, higher than the national average (5.0%). By industry, the added value of the primary industry was 265.7 billion yuan, a 3.9% increase; the added value of the secondary industry was 3,568.2 billion yuan, a 5.1% increase; and the added value of the tertiary industry was 5,620.6 billion yuan, a 5.8% increase.On January 21, Zhang Yunming, Vice Minister of the Ministry of Industry and Information Technology, stated that in terms of future industries, the Ministry will continue to carry out the "challenge-based" innovation task initiative, organize and implement a number of forward-looking and strategic major science and technology projects, support local governments in building a number of future industries according to local conditions, increase government investment funds, and create a favorable environment for the competitive development of future industries nationwide.On January 21st, Ping An Securities issued a research report stating that Laopu Gold (06181.HK) is continuously expanding its market momentum and actively broadening its market scope and reach. The report projects Laopu Golds total revenue for 2025, 2026, and 2027 to be RMB 26.2 billion, RMB 35.37 billion, and RMB 43.5 billion, respectively, representing year-on-year growth of 208%, 35%, and 23%. Net profit attributable to shareholders is projected to be RMB 3.82 billion, RMB 5.09 billion, and RMB 6.28 billion, respectively, representing year-on-year growth of 159.1%, 33.3%, and 23.3%. The report notes that Laopu Gold is currently experiencing rapid growth in the domestic market, and coupled with its exploration and expansion into overseas markets, the companys revenue and profit are on the rise. Ping An Securities is optimistic about the companys growing brand influence and has initiated coverage with a "Buy" rating.On January 21, the State Council Information Office held a press conference to introduce the achievements in industrial and information technology development by 2025. The conference highlighted a surge of innovative achievements with high "new content." Good ideas from laboratories are being continuously transformed into good products on production lines. Technologies such as perovskite materials, permanent magnet materials, and power batteries are at internationally advanced levels. Technologies such as new networks, high-speed communication, advanced computing, emerging software, and blockchain are rapidly iterating. Prototypes of atomic clocks and magnetometers based on new quantum technologies have been successfully developed. Superconducting quantum computers and optical quantum computers have achieved quantum supremacy, possessing the computing power to surpass any classical computer in solving specific problems. Brain-computer interface technology is rapidly expanding from the medical field to education, industry, and other fields.

Gold Prices Trend Forecasts 2024

TOP1 Markets Analyst

Jan 16, 2024 17:11

According to the latest analysis by Greg Shearer, head of global commodities research at JPMorgan Chase, the outlook for the gold market is promising, with the average gold price expected to reach approximately US$2,175 per ounce in the fourth quarter of 2024. He believes that the U.S. central bank may begin to lower interest rates in mid-2024, and once the U.S. economy experiences a recession, gold will have greater room to rise. The weaker the U.S. economy is, the deeper the rate cuts will be, which will provide stronger support for gold. Sourcenia is a review portal of sourcing best manufaturers


French Bank Wealth Management's latest bi-weekly report: Gold is bullish! The central banks of emerging markets are rushing in, the US dollar is weakening, and real yields are falling. These are all bullish factors. The price of gold is expected to climb to between US$1,950 and US$2,050 per ounce.


In a recent interview with the media, Pierre Lassonde, the honorary chairman of the French Nevada Mining Company, boldly predicted that the U.S. dollar will weaken in 2024, and gold will usher in a wave of gains. He said the U.S. dollar and gold move in opposite directions, so a peak in the U.S. dollar means gold is bullish. He believes this is an important reason why he is optimistic about gold prices in 2024.