Gold had a ferocious run in 2020, with the price of gold breaking through all-time highs. If you want to invest in gold, but don’t have a good way to invest, you can consider investing in gold stocks. So how many gold concept shares are there in China at present? What are the biggest and most expensive stocks right now? Yourmoneypal.com will give you a quick introduction below.
According to our research, as of July 2020, the total number of gold concept shares in China’s A-share market (Shanghai and Shenzhen) is: 45. Note that the concept of “gold stocks” is not limited to companies whose main business is gold mining or gold jewelry. Companies whose business are related to gold are also included.
Among all stocks, the stock with the largest circulating market value is Zijin Mining (紫金矿业，stock ticker: 601899), with A market value of about 112.1 billion yuan. Currently, Zijin Mining is the only stock with A market value of more than 100 billion yuan. The gold stock that has the highest share price is: LaoFengXiang (老凤祥，stock ticker: 600612), the current price of around 60 yuan.
Reference links:
Gold concept shares (Baidu Baike)