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China A-shares lab-grown diamond sector jumped at the open; Huifeng Diamond rose over 13% and Huanghe Xuanfeng gained over 9%, with Guoji Jinggong, Sifangda, Yingnuo Laser and Hengsheng Energy also higher. Media reported Huifeng Diamond's Baotou CVD

2026-06-12

China A-shares lab-grown diamond sector jumped at the open; Huifeng Diamond rose over 13% and Huanghe Xuanfeng gained over 9%, with Guoji Jinggong, Sifangda, Yingnuo Laser and Hengsheng Energy also higher. Media reported Huifeng Diamond's Baotou CVD production line is expected to begin production in early July.

Other News
2026-06-12

New York gold futures' intraday gain widened to 1.00%, trading at $4,174.90/oz.

New York gold futures' intraday gain widened to 1.00%, trading at $4,174.90/oz.
2026-06-11

By end-2025 gold accounted for 27% of global official reserves, surpassing US Treasures by 5 percentage points and becoming the largest single asset class in official reserves. Central banks have been heavy buyers since 2022: net purchases exceeded 1

By end-2025 gold accounted for 27% of global official reserves, surpassing US Treasures by 5 percentage points and becoming the largest single asset class in official reserves. Central banks have been heavy buyers since 2022: net purchases exceeded 1,000t annually in 2022–24 and totaled 863t in 2025. Despite sustained buying, international gold prices have weakened recently. Market drivers cited include large rallies in 2024–25 that created technical pullback pressure, and Middle East-driven energy price and inflation upside that has pushed markets to price a greater risk of Fed tightening, weighing on bullion and producing a short-term divergence between central bank buying and spot gold moves.
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