On July 13, Shandong Gold declined 3.27% in regular trading, trading at 17.8 HKD/share, with turnover of approximately 28.63 million HKD.

On the news front, the gold sector came under broad-based selling pressure, with industry peers declining across the board. Zhaojin Mining fell 4.16%, Lingbao Gold dropped 2.87%, Zijin Gold International slid 2.9%, Chifeng Gold lost 2.46%, and Zijin Mining declined 2.2%, reflecting a systematic sector-wide pullback.

Gold prices previously broke below the critical $4,000/oz psychological support level, triggering sustained pressure on gold equities. This was compounded by rising Fed rate hike expectations and a strengthening US dollar, which together pushed the precious metals sector into a broadly bearish configuration. JPMorgan's latest outlook projected Q3 average gold prices at $4,300/oz and Q4 at $4,500/oz, though near-term headwinds from monetary tightening concerns continue to dominate sentiment.

(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.)