On September 2, CHINAGOLDINTL fell 3.68% at open, trading at 245.8 HKD/share, with turnover of 5.0143 million HKD.

On the news front, international gold prices continued their sharp retreat, with spot gold falling to around $4,328/oz — a two-week low — marking two consecutive trading sessions of steep declines. Meanwhile, renewed escalation in US-Iran tensions pushed international oil prices higher, further reinforcing inflation expectations and forming a transmission chain of rising oil prices fueling inflation, warming rate hike expectations, and ultimately weighing on gold.

Earlier, Fed Chair Wosh had released hawkish signals at the Jackson Hole symposium, explicitly stating that rate hikes remain on the table if the Fed cannot confirm underlying inflation is returning to the 2% target at a sufficiently fast pace. This continued to weigh on gold sentiment across the sector.

The broader HK-listed gold sector was collectively under pressure, with SD Gold down 4.82%, Lingbao Gold down 4.53%, Zijin Gold International down 4.16%, Zhaojin Mining down 2.89%, and Chifeng Gold down 2.52%.

(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.)