Due to the increase of international hedging function and investment performance, coupled with the depreciation of the US dollar, the rise of gold has brought benefits to many people, as well as the influence of supply and demand. The increase of buying and the rise of gold will simultaneously drive the rise of various products in the metal plate and the rise of gold stocks. The rise and fall of gold stocks depends on the operating efficiency of gold companies. If the operating efficiency is not good, it will naturally stagnate, but will fall. This is the rise of gold, and gold stocks will also rise, but the limit of the rise depends on the actual income of the company. However, if gold stocks fall, gold will not necessarily fall.

The reason why gold stocks don't rise:

Gold stocks refer to stocks related to the gold industry, generally including stocks issued by the gold mining industry and the gold jewelry distribution industry.

Gold has soared, generally because investors are not optimistic about investment fields such as the stock market, economic development is weakening, and even the world political situation is turbulent. Everyone chooses to buy gold to avoid risks. Then, gold stocks manage money in the stock field and do not have hedging function, so they may not necessarily rise with the rise of gold, but gold stocks will be more optimistic than other concept stocks.

1, gold has been at a high level, even if it breaks through $2,000, there is great pressure in the market outlook.

2. The institution was not prepared for the gold stocks, and did not have time to open positions in this wave of rapid pull-up. Since it takes 1 to 3 months for institutions to open positions, there is basically no institutional participation in gold stocks.

3. During the same period, the domestic stock market was extremely depressed. When gold rises sharply, the index often falls sharply and participation is not strong.

Although the current increase of gold stocks lags behind the increase of gold prices, the valuation of gold stocks is not cheap from the perspective of the whole stock price. At present, there are many stocks with multiple or even multiple P/E ratios on the market. Therefore, the stock price is not recognized by the institution.

Operation strategy: judging from the recent trend of gold stocks, the main force has always chosen to ship, so gold stocks can only operate in the short term. Only when the market strengthens again will gold stocks have a round of compensatory growth.