On July 3, Zhaojin Mining rose 5.92% in regular trading, trading at 18.46 HKD/share, with turnover of 13.12 million HKD.
On the news front, Fed Chair Wosh delivered dovish remarks that eased market expectations for monetary tightening, pushing spot gold back above $4,000/oz. Gold had previously breached the $4,000 level amid rising rate-hike expectations, accumulating a decline of over 12% within the month. Institutions noted that gold may have excessively priced in rate-hike expectations, with Goldman Sachs maintaining its view that the gold bull market has not ended.
Within the Gold sector, the broader group rallied in tandem. Among individual stocks, Zijin Gold International up 9.86%, Chifeng Gold up 8.03%, Lingbao Gold up 7.44%, Zijin Mining up 6.17%, and Shandong Gold up 5.53%.
(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.)
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