On July 15, Zhaojin Mining fell 3.56% in regular trading, trading at 17.97 HKD/share, with turnover of approximately 53.99 million HKD.
On the news front, spot gold continued to face downward pressure, breaking below the key $4000 psychological level. Market expectations for the Fed maintaining elevated interest rates or even hiking further have intensified, with swap traders pricing in a rising probability of a July rate hike reaching 43%. The precious metals sector is experiencing systematic selling pressure. The escalation of US-Iran tensions triggered an oil price surge exceeding 9%, reigniting inflation concerns and strengthening the case for prolonged monetary tightening — raising the opportunity cost of holding zero-yield assets like gold.
Within the Gold sector, peers declined broadly: Chifeng Gold fell 3.40%, Lingbao Gold fell 2.98%, Zijin Gold International fell 2.23%, China Gold International fell 1.48%, and Zijin Mining fell 1.31%.
(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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