On September 15, SD GOLD fell 3.02% in regular trading, trading at 23.8 HKD/share, with turnover of HKD 151 million. The decline came amid broad selling pressure across the gold sector driven by surging US bond yields and a strengthening dollar.

On the macro front, the US 10-year Treasury yield broke through the 5% level intraday, pushing the US Dollar Index sharply higher to approximately 99.5. Spot gold lost the key $4,300 support level. Previously released US August PPI rose 5.4% year-over-year, exceeding expectations, while core CPI on a month-over-month basis also came in above consensus, signaling persistent inflationary pressure. The market is now pricing in an approximately 87% probability of a 25-basis-point rate hike at the upcoming September FOMC meeting, with Middle East geopolitical conflicts further elevating oil prices and reinforcing the hawkish outlook.

Within the Gold sector, peers declined broadly: CHINAGOLDINTL down 3.72%, ZHAOJIN MINING down 2.82%, CHIFENG GOLD down 1.81%, ZIJIN GOLD INTL down 1.56%, and LINGBAO GOLD down 0.43%.

(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.)