Trump's Tax Policy Sparks 31% Surge in Gold Stocks
President Trump's erratic tariff policy has heightened market risk aversion, pushing international gold prices to a historic high, surpassing $3500 per ounce for the first time. While the Taiwanese stock market dipped by 312.77 points to close at 18,793.43, metal recycling giant Jin Yi Ding (8390) saw its stock soar by 31.35% over six consecutive days, ranking as today’s top performer.
Jin Yi Ding's main revenue comes from precious metal recycling, including gold and silver. With rising investor anxiety, demand for safe-haven assets like gold has driven the stock price up significantly. Despite continuous selling by foreign investors, the company’s stock performance remains strong, with a trading volume of 20,346 shares.
