On July 21, China Gold International rose 3.09% in regular trading, trading at 148.0 HKD/share, with turnover of 86.24 million HKD.
On the news front, the gold sector continues its recovery rally supported by sustained central bank demand. The People's Bank of China has increased its gold reserves for 20 consecutive months, with holdings reaching 75.44 million ounces by end of June. Notably, the pace of accumulation in Q2 was 4.6 times that of Q1, providing structural support to the sector.
Within the Gold sector, peer stocks moved in tandem: Chifeng Gold up 4.09%, Zhaojin Mining up 2.97%, Zijin Gold International up 2.09%, Zijin Mining up 1.93%, and SD Gold up 1.07%. Additionally, the company recently disclosed that proven resources at its Jiama copper polymetallic mine increased to 623 million tonnes, representing a 523% increase, reinforcing fundamental support.
(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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