Many listed companies in the gold industry chain saw a significant increase in their performance in the first half of the year.

In the first half of this year, the price of gold has been rising. The spot price of gold in London has increased by 25.84% in the first half of the year, and reached a historical high of $3,500 per ounce in late April. Influenced by the strong trend of gold prices, the performance of listed gold mining companies has continued to increase in the first half of the year, showing an overall positive development trend; at the same time, many downstream gold jewelry companies have also performed well. Wu Zewei, a special researcher at Su Commercial Bank, said in an interview with reporters that in the medium to long term, the factors supporting the rise in gold prices remain solid. Market forecasts suggest that in the next one and a half years, gold prices may challenge the $3,700 per ounce or even $4,000 per ounce mark, and gold prices are likely to continue to rise. For downstream gold jewelry companies, Wu Zewei believes that if these companies can continue to deepen product differentiation and brand value construction, enhance brand premium capabilities, reduce dependence on fluctuations in raw material prices, and strengthen product innovation, their performance is likely to continue to be resilient.