CSOP Gold 2x(07299.HK) up 1.90%, spot gold tops $4,160/oz

NewTimeSpace News:As of 09:45 HKT on October 9, 2026, the CSOP Gold Futures Daily (2x) Leveraged Product (07299.HK) traded at HKD 21.460, up 1.90%, with a turnover of HKD 760,100 and a turnover rate of 0.05%.

NewTimeSpace has learned that the product is managed by CSOP Asset Management and is a leveraged index product providing daily 2x leveraged exposure to the Solactive Gold 1-Day Rolling Futures Index. As of 09:45 HKT on October 9, it had assets of HKD 1.488 billion, a unit NAV of HKD 21.080 and a board lot of 100 units.

CNR reported that spot gold broke above USD 4,160 an ounce, up 0.65% intraday. 

Neuberger Berman said gold's deeper support comes from financial uncertainty and sovereign debt pressures; as debt burdens accumulate, the market needs to reassess the role of sovereign debt in long-term asset allocation, a key reason reserve managers and institutional allocators keep adding to gold.

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