On July 24, CHIFENG GOLD fell 6.31% in regular trading, trading at 30.62 HKD/share, with turnover of 34.49 million HKD. The decline came as the gold sector faced broad-based selling pressure following a sharp rally earlier in the week.

Within the Gold sector where CHIFENG GOLD belongs, the overall sector is under significant pressure. Among individual stocks, ZIJIN MINING down 3.58%, ZIJIN GOLD INTL down 3.93%, CHINAGOLDINTL down 4.74%, LINGBAO GOLD down 4.52%, ZHAOJIN MINING down 3.46%. The pullback follows a strong rebound earlier in the week when spot gold briefly broke above $4,100/oz and gold stocks rallied sharply, with CHIFENG GOLD surging nearly 15% on July 22. Market participants remain cautious amid elevated Fed rate hike expectations and ongoing macro uncertainty surrounding energy-driven inflation pressures, which continue to weigh on precious metals valuations.

(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.)