HKGX Chair Predicts Gold Prices Will Hit USD 6,000 by Q2 and Q3 of 2026
Lunar New Year Opening: The Hong Kong Gold Exchange (HKGX) celebrated its Lunar New Year opening on January 20, with the price of 99 gold starting at HKD46,518 per tael.
Market Projections: HKGX Chairman Haywood Cheung indicated that the gold market is in the early to mid-stage of a bull market, with potential price adjustments due to geopolitical tensions, and a forecasted price of USD6,000 per ounce by mid-2026.
Collaboration Announcement: HKGX and AGTECH HOLDINGS announced a partnership to create an international precious metals trading platform and a digital commodity blockchain, aimed at enhancing risk control and system regulation.
Stock Market Activity: The article also mentions recent stock performance and short selling data for BABA-W and AGTECH HOLDINGS, highlighting significant short selling activity.
Trade with 70% Backtested Accuracy
Analyst Views on 08279
No data
About the author
HKGX Chair Predicts Gold Prices Will Hit USD 6,000 by Q2 and Q3 of 2026
Lunar New Year Opening: The Hong Kong Gold Exchange (HKGX) celebrated its Lunar New Year opening on January 20, with the price of 99 gold starting at HKD46,518 per tael.
Market Projections: HKGX Chairman Haywood Cheung indicated that the gold market is in the early to mid-stage of a bull market, with potential price adjustments due to geopolitical tensions, and a forecasted price of USD6,000 per ounce by mid-2026.
Collaboration Announcement: HKGX and AGTECH HOLDINGS announced a partnership to create an international precious metals trading platform and a digital commodity blockchain, aimed at enhancing risk control and system regulation.
Stock Market Activity: The article also mentions recent stock performance and short selling data for BABA-W and AGTECH HOLDINGS, highlighting significant short selling activity.
HKGX Chair Predicts Gold Prices Will Hit USD 6,000 by Q2 and Q3 of 2026
Lunar New Year Opening: The Hong Kong Gold Exchange (HKGX) celebrated its Lunar New Year opening on January 20, with the price of 99 gold starting at HKD46,518 per tael.
Market Projections: HKGX Chairman Haywood Cheung indicated that the gold market is in the early to mid-stage of a bull market, with potential price adjustments due to geopolitical tensions, and a forecasted price of USD6,000 per ounce by mid-2026.
Collaboration Announcement: HKGX and AGTECH HOLDINGS announced a partnership to create an international precious metals trading platform and a digital commodity blockchain, aimed at enhancing risk control and system regulation.
Stock Market Activity: The article also mentions recent stock performance and short selling data for BABA-W and AGTECH HOLDINGS, highlighting significant short selling activity.
