Movement Alert|ZHAOJIN MINING Rises 5.8% in Regular Trading, Gold Sector Rallies as Bullion Extends Rebound

Market Focus08-06 09:31

On August 6, ZHAOJIN MINING rose 5.8% in regular trading, trading at 24.12 HKD/share, with turnover of 70.42 million HKD.

On the news front, the gold sector continued to rally broadly as international gold prices extended their upward momentum. Spot gold stabilized above the $4,075 level and surged as high as $4,106 in recent sessions, with technical indicators pointing to a bullish setup. Global central banks continued to accumulate gold reserves, with China's central bank adding to its holdings for the 20th consecutive month, providing structural buying support for gold prices.

Within the Gold sector, the rally was broad-based. Among peers, LINGBAO GOLD up 6.03%, ZIJIN GOLD INTL up 5.74%, SD GOLD up 5.62%, CHINAGOLDINTL up 5.16%, and ZIJIN MINING up 3.69%, reflecting strong sector linkage.

(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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