On September 4, ZIJIN GOLD INTL rose 4.06% in regular trading, trading at 166.5 HKD/share, with turnover of approximately HKD 98.84 million. The broader gold sector strengthened in tandem, with SD GOLD up 4.56%, LINGBAO GOLD up 2.10%, ZHAOJIN MINING up 1.52%, and CHIFENG GOLD up 1.55%.
On the macro front, the latest U.S. ADP private payrolls report significantly undershot expectations, weakening the dollar and boosting gold prices. Spot gold extended its rebound to around USD 4,412.79 per ounce, building on the prior session's 0.56% gain as U.S. Treasury yields pulled back from recent highs. Additionally, the Dutch central bank disclosed a transfer of approximately 86 tonnes of gold reserves from New York and Ottawa to London, underscoring rising global central bank demand for physical gold and providing medium- to long-term price support.
On the fundamental side, ZIJIN GOLD INTL reported robust first-half results, with net profit attributable to shareholders of USD 1.451 billion, surging 179% year-over-year. Gold production reached approximately 27.3 tonnes, up 44% year-over-year. International institutions including BlackRock and Citigroup recently increased their holdings, while multiple brokerages maintain positive ratings with target prices ranging from HKD 150 to HKD 178.
(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.)