On May 20, Zijin Gold International fell 3.23% in regular trading, trading at 140.1 HKD/share, with trading volume of approximately 74.61 million HKD. The stock has now recorded multiple consecutive sessions of declines exceeding 3%.
The continued weakness is driven by surging US Treasury yields pressuring the gold sector. The 10-year US Treasury yield has risen to 4.627%, its highest since early 2025, while the 30-year yield breached 5.15%. Markets are now pricing in a 64% probability of a 25-basis-point Fed rate hike by year-end. Concurrently, India raised gold import tariffs from 6% to 15% to curb precious metal demand, weighing on global physical gold consumption expectations. Spot gold broke below $4,500/oz, hitting its lowest since late March.
Within the Gold sector, broad-based selling pressure persisted. Among individual stocks, Lingbao Gold fell 3.99%, Zhaojin Mining fell 3.69%, SD Gold fell 3.43%, Zijin Mining fell 3.29%, and China Gold International fell 1.1%.
(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.)