紫金矿业

Chinese miners strike gold on record prices
Lex专栏:比金价更耀眼的是金矿股

The rally reflects continued buying by central banks and a repricing of monetary risk
2025年金价屡创新高,然而比起黄金投资者,那些开采黄金的矿业公司的投资者才是更大的赢家。

Gold has risen to record levels in the past year, helped by demand from exchange traded funds that track the yellow metal. Yet the bigger winners have been investors in the companies that mine gold, rather than those who invest in the precious commodity itself.

过去一年,金价屡创新高,这背后少不了跟踪黄金的交易所交易基金(ETF)的助力。然而,真正的大赢家并非直接投资黄金的投资者,而是那些开采黄金的矿业公司的投资者。

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