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Gold stocks collectively open higher, Western Gold hits the daily limit
Gold stocks open higher across the board, Western Gold hits the daily limit, Xiaocheng Technology, Shan Jin International, Feinan Resources, Shengda Resources, and Hunan Silver all rise. Regarding related ETFs, the ICBC Gold Stock ETF (159315) increased by 4.12%, with a trading volume of 478.5k yuan, and the Huaxia Gold Stock ETF (159562) rose by 4.59%, with a trading volume of 5.4756 million yuan. On the news front, Trump posted on social media that he agreed to suspend the bombing and added that reopening the Strait of Hormuz is a key condition for the suspension. Iran stated that within two weeks, safe passage through the Strait of Hormuz is “possible.”