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The STAR Market 50 Index fell 2%, after rising more than 2% earlier.
2026-07-06
The STAR Market 50 Index fell 2%, after rising more than 2% earlier.
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2026-07-06
Japan 30-year government bond yield rose 3.0 bps to 4.055%.
Japan 30-year government bond yield rose 3.0 bps to 4.055%.
2026-07-06
CITIC Securities says gold prices and gold stocks have been sharply oversold since the US–Iran conflict; gold equities now carry a wide margin of safety on PE and resource-based valuation metrics. It forecasts gold at USD 4,000–4,500/oz in Q3 2026; i
CITIC Securities says gold prices and gold stocks have been sharply oversold since the US–Iran conflict; gold equities now carry a wide margin of safety on PE and resource-based valuation metrics. It forecasts gold at USD 4,000–4,500/oz in Q3 2026; if market rate‑hike expectations are fully repriced, gold could return to USD 4,500–5,000/oz. The firm expects the gold sector to benefit from a simultaneous recovery in earnings and valuations and recommends broad allocation to the sector.
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