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CNMC Goldmine
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Goldminer
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happyharvest
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13-Sep-2025 01:14
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how high would it goes? what would be the max ? | ||||
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treetops
Elite |
12-Sep-2025 19:05
Yells: "Moments Today, Memories Tomorrow!" |
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Gold seem to be able to hit 3700 | ||||
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treetops
Elite |
12-Sep-2025 17:43
Yells: "Moments Today, Memories Tomorrow!" |
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Depending on global gold price. Should be able to push through on Monday.
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hubertwee
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12-Sep-2025 17:21
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$1 next week ? | ||||
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muifan
Supreme |
12-Sep-2025 16:44
Yells: "Take the leap of faith dont regret 20 years later!" |
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today dividend payout....congrats to those that held on... | ||||
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treetops
Elite |
12-Sep-2025 16:32
Yells: "Moments Today, Memories Tomorrow!" |
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It seem unlikely for today. Closing around 0.970 to 0.980.
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easywin
Supreme |
12-Sep-2025 15:45
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Above $1.00 by today? | ||||
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ozone2002
Supreme |
12-Sep-2025 14:38
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valuation of CNMC by simplywallst - $11
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ozone2002 ( Date: 03-Sep-2025 08:16) Posted:
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Master
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This is very very good new for Gold n Gold stocks investors! Our SGX has only one gold stock CNMC that will benefit from this rise of record gold price. By the time FY2025 result, many analysts from broking houses n financial institutions will rush to upgrade CNMC target price... Likely $1.50 with the expectation of gold reaching US$4k by year end n US$5k by 2026.
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+0.055seems like BBs are accumulating this even with underlying gold price taking a pause
expectation of rate cuts to propel gold higher
ozone2002 ( Date: 05-Sep-2025 16:30) Posted:
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SmallSmall ( Date: 11-Sep-2025 20:09) Posted:
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muifan ( Date: 12-Sep-2025 11:58) Posted:
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Senior
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Supreme
Yells: "Take the leap of faith dont regret 20 years later!"
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treetops ( Date: 12-Sep-2025 11:53) Posted:
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Master
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https://sbr.com.sg/financial-services/news/mas-increases-gold-reserves-4-tonnes-in-q2
MAS increases gold reserves by 4 tonnes in Q2
It was the sole central bank to register a gold reserve increase in the quarter.
The Monetary Authority of Singapore (MAS) increased its gold reserves by four tonnes (4t) in Q2 2024, becoming the only developed market central bank globally to report a gold reserve increase during the quarter.
The World Gold Council&rsquo s Q2 2024 Gold Demand Trends report stated that the Q2 addition increased MAS' s total gold reserves to 241t.
Consumer demand for gold increased steadily in line with reserve growth.
In Q2, consumer demand reached 3.2t, up 8% YoY.
In the same period, bar and coin demand rose by 25% YoY to 1.6t. Jewellery consumption, however, fell by 5% YoY to 1.6t.
&ldquo Demand in Singapore reflects the general trend as many institutions recognize gold as a strategic asset to manage risk and diversify their portfolios in times of economic uncertainty and political upheaval,&rdquo said Shaokai Fan, the head of Asia-Pacific (ex-China) & global head of Central Banks at the World Gold Council.
Globally, gold demand grew 4% YoY to 1,258t, supported by a 53% increase in over-the-counter (OTC) transactions to 329t.
The report also found that increased OTC demand and a slowdown in exchange-traded funds (ETF) outflows drove the record-high gold prices in Q2.
The gold price averaged US$2,338/oz, 18% higher YoY, reaching a record of US$2,427/oz during the quarter.
Global gold investment remained resilient, marginally higher YoY at 254t, concealing divergent demand trends.
Meanwhile, bar and coin investment decreased 5% to 261t in Q2 due to a sharp decline in demand for gold coins.
Total gold supply rose 4% YoY, with mine production increasing to 929t.
Elite
Yells: "Moments Today, Memories Tomorrow!"
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Catrade ( Date: 12-Sep-2025 11:42) Posted:
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Supreme
Yells: "Take the leap of faith dont regret 20 years later!"
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I am waiting for that POEM analyst to rerate as her target of 70c was smashed pass...
prophetjul ( Date: 12-Sep-2025 11:33) Posted:
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