CSOP Gold Futures 2x(07299.HK) up 1.77%, Spot gold closed higher overnight

NewTimeSpace News: CSOP Gold Futures Daily (2x) Leveraged Product (07299.HK) rose 1.77% intraday to HK$20.720 as of 14:18 HKT on November 10, 2026, with turnover of HK$3,629,600 and a turnover rate of 0.25%.

NewTimeSpace learned that CSOP Gold Futures Daily (2x) Leveraged Product (07299.HK) is managed by CSOP Asset Management and is a leveraged product seeking twice (2x) the daily performance of the Solactive Gold 1-Day Rolling Futures Index. As of 14:18 HKT on November 10, 2026, the product had an AUM of HK$1.467 billion, a NAV of HK$20.539 per unit, and a board lot of 100 shares.

On the news front, according to Sina Finance, spot gold rose 1.72% on Monday to close at US$4,140.94 per ounce, mainly driven by a weaker US dollar and falling oil prices easing inflation concerns.

The World Gold Council said in its Gold Demand Trends Q3 2026 report that central banks and other official institutions added a net 321 tonnes of gold to reserves in the third quarter, up 42% year on year and the highest quarterly increase since the fourth quarter of 2024; reserve diversification and risk management remain the core drivers of central bank buying, which remains a key pillar of gold demand.