On September 28, WANGUO GOLD GP fell 3.59% in regular trading, trading at 13.14 HKD/share, with turnover of approximately HK$26.60 million. The decline extended a multi-session pullback as the precious metals sector faced systematic selling pressure.

On the news front, the Fed's September rate hike of 25 basis points to 3.75%-4.00% was followed by continued hawkish rhetoric from officials. Boston Fed President Collins flagged rising risks of inflation persisting above the 2% target, while Goldman Sachs raised its rate path forecast and projected another 25bp hike in October. The 10-year U.S. Treasury yield previously breached 5%, the dollar held firm at elevated levels, and COMEX gold retreated under pressure, dragging down the broader precious metals complex.

Within the Diversified Metals & Mining sector, weakness was broad-based. Among peers, ZIJIN MINING fell 1.35%, CMOC fell 2.20%, MMG fell 4.27%, JIAXIN INTL RES fell 3.61%, and LYGEND RESOURCE edged up 0.15%. WANGUO GOLD GP had previously doubled from early July, and the recent correction reflects notable short-term profit-taking pressure following the sector-wide repricing of higher-for-longer rate expectations.

(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.)