Movement Alert｜Shandong Gold Falls 3.13% at Open, Gold Price Drops Below 4300 USD as Rate Hike Expectations Intensify

Market Focus06-11

On June 11, Shandong Gold fell 3.13% at open, trading at 20.42 HKD/share, with trading volume of 331,800 HKD.

On the news front, international gold prices continued to decline, with spot gold previously breaking below 4,300 USD/oz. US May non-farm payrolls added 172,000 jobs, nearly double the market expectation of 88,000 and well above April's 115,000. Goldman Sachs economists no longer expect the Fed to cut rates this year, pushing their final two rate cut forecasts to June and December 2027. The 10-year US Treasury yield surged to 4.55%, creating persistent downward pressure on gold prices.

Additionally, the company previously announced that its wholly-owned subsidiary Shanjin Financial Holdings plans to transfer a 14.13% stake in Donghai Securities to Soochow Securities, recognizing approximately 705 million yuan in fair value change losses on its entire 18.71% holding, directly reducing current-period total profit.

Within the Gold sector, peers also declined broadly: Zijin Mining down 2.56%, Zijin Gold International down 3.0%, Zhaojin Mining down 3.62%, Chifeng Gold down 3.12%, and Lingbao Gold down 3.27%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1101405042?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-06-11 09:22","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1101405042","market":"us","top_or_hot":-1,"title":"Movement Alert｜Shandong Gold Falls 3.13% at Open, Gold Price Drops Below 4300 USD as Rate Hike Expectations Intensify","media":"Market Focus","content":"<p><p>On June 11, Shandong Gold fell 3.13% at open, trading at 20.42 HKD/share, with trading volume of 331,800 HKD.</p><p>On the news front, international gold prices continued to decline, with spot gold previously breaking below 4,300 USD/oz. US May non-farm payrolls added 172,000 jobs, nearly double the market expectation of 88,000 and well above April's 115,000. Goldman Sachs economists no longer expect the Fed to cut rates this year, pushing their final two rate cut forecasts to June and December 2027. The 10-year US Treasury yield surged to 4.55%, creating persistent downward pressure on gold prices.</p><p>Additionally, the company previously announced that its wholly-owned subsidiary Shanjin Financial Holdings plans to transfer a 14.13% stake in Donghai Securities to Soochow Securities, recognizing approximately 705 million yuan in fair value change losses on its entire 18.71% holding, directly reducing current-period total profit.</p><p>Within the Gold sector, peers also declined broadly: Zijin Mining down 2.56%, Zijin Gold International down 3.0%, Zhaojin Mining down 3.62%, Chifeng Gold down 3.12%, and Lingbao Gold down 3.27%.</p><p>(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)</p></p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Movement Alert｜Shandong Gold Falls 3.13% at Open, Gold Price Drops Below 4300 USD as Rate Hike Expectations Intensify</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMovement Alert｜Shandong Gold Falls 3.13% at Open, Gold Price Drops Below 4300 USD as Rate Hike Expectations Intensify\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1054767329\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/51943b2858f75e05ca2ebb144b4e626a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Market Focus </p>\n<p class=\"h-time\">2026-06-11 09:22</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p><p>On June 11, Shandong Gold fell 3.13% at open, trading at 20.42 HKD/share, with trading volume of 331,800 HKD.</p><p>On the news front, international gold prices continued to decline, with spot gold previously breaking below 4,300 USD/oz. US May non-farm payrolls added 172,000 jobs, nearly double the market expectation of 88,000 and well above April's 115,000. Goldman Sachs economists no longer expect the Fed to cut rates this year, pushing their final two rate cut forecasts to June and December 2027. The 10-year US Treasury yield surged to 4.55%, creating persistent downward pressure on gold prices.</p><p>Additionally, the company previously announced that its wholly-owned subsidiary Shanjin Financial Holdings plans to transfer a 14.13% stake in Donghai Securities to Soochow Securities, recognizing approximately 705 million yuan in fair value change losses on its entire 18.71% holding, directly reducing current-period total profit.</p><p>Within the Gold sector, peers also declined broadly: Zijin Mining down 2.56%, Zijin Gold International down 3.0%, Zhaojin Mining down 3.62%, Chifeng Gold down 3.12%, and Lingbao Gold down 3.27%.</p><p>(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)</p></p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"01787","symbol_name":"山东黄金","start_time":0,"source_url":"","article_id":"1101405042","we_media_id":"1054767329","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1101405042","pubTimestamp":1781140973,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Market Focus","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1054767329","head_image":"https://static.tigerbbs.com/51943b2858f75e05ca2ebb144b4e626a"},"summary":"On June 11, Shandong Gold fell 3.13% at open, trading at 20.42 HKD/share, with trading volume of 331,800 HKD.On the news front, international gold prices continued to decline, with spot gold...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"01787":"山东黄金"},"translate_title":"动向提示|山东黄金开盘跌3.13%加息预期加剧金价跌破4300美元","themeId":"71cee5d1afdb21d7063bfe2740079709","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"01787":1},"content_text":"On June 11, Shandong Gold fell 3.13% at open, trading at 20.42 HKD/share, with trading volume of 331,800 HKD.On the news front, international gold prices continued to decline, with spot gold previously breaking below 4,300 USD/oz. US May non-farm payrolls added 172,000 jobs, nearly double the market expectation of 88,000 and well above April's 115,000. Goldman Sachs economists no longer expect the Fed to cut rates this year, pushing their final two rate cut forecasts to June and December 2027. The 10-year US Treasury yield surged to 4.55%, creating persistent downward pressure on gold prices.Additionally, the company previously announced that its wholly-owned subsidiary Shanjin Financial Holdings plans to transfer a 14.13% stake in Donghai Securities to Soochow Securities, recognizing approximately 705 million yuan in fair value change losses on its entire 18.71% holding, directly reducing current-period total profit.Within the Gold sector, peers also declined broadly: Zijin Mining down 2.56%, Zijin Gold International down 3.0%, Zhaojin Mining down 3.62%, Chifeng Gold down 3.12%, and Lingbao Gold down 3.27%.(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"economic","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.44.0","shortVersion":"4.44.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1101405042","isCrawlerRequest":true}