On July 14, Shandong Gold declined 3.42% in regular trading, trading at 17.26 HKD/share, with turnover of approximately 17.84 million HKD.

On the news front, the gold sector continues its systematic correction. After spot gold broke below the key $4000 psychological level, gold mining stocks have remained under sustained selling pressure. Escalating US-Iran geopolitical tensions have pushed inflation expectations higher, reinforcing hawkish Fed rate expectations, while a firm US dollar and elevated Treasury yields are suppressing precious metals valuations across the board.

Within the Gold sector, most peers declined in tandem. Zijin Gold International fell 3.54%, Chifeng Gold dropped 3.17%, Zijin Mining slid 1.96%, China Gold International lost 1.43%, while Lingbao Gold bucked the trend with a 1.45% gain. Goldman Sachs maintains its year-end gold target of $4,900, citing structural central bank purchases and fiscal concerns as long-term supportive factors despite the near-term correction.

(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.)