US Stocks Movement: Gold Stocks Rise in Pre-market Trading as Gold Price Surpasses $4,140

格隆汇2026/07/22 09:38

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```htmlGolden Ten Data, July 22｜Gold prices have risen back above the $4,140 mark, pushing US gold stocks higher in pre-market trading. Newmont Mining, Harmony Gold, and Agnico Eagle Mines all jumped over 2% in pre-market trading, while Kinross Gold, Pan American Silver, and Gold Fields rose more than 1%. According to reports, Wells Fargo believes the downside risk for gold is limited, and there is considerable room for long-term growth. The bank's strategist stated that most rate hike expectations have already been reflected in gold prices, and in the short term, gold could fall to $3,500. However, the bank forecasts that by the end of 2026 and 2027, gold prices will rise to $5,300-$5,500 and $5,800-$6,000 per ounce, respectively.```

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OPEC's monthly report shows that Saudi Arabia's average daily crude oil production in October rose to 10.56 million barrels, just several hundred thousand barrels lower than the pre-war level in February and slightly above its quoted limit under the OPEC framework. Iraq's daily output in October also reached approximately 4.9 million barrels, a new high since the outbreak of war. Meanwhile, after the UAE exited OPEC and began competing in the market independently, both the UAE and Saudi Arabia recently slashed their official December cargo prices for Asian buyers, intensifying the competitive landscape.

华尔街见闻•2026/11/11 17:31