On September 28, Alamos fell 5.01% in pre-market trading, trading at $32.77/share, with turnover of $338,300. The decline reflects broad-based selling across the gold mining sector as hawkish Federal Reserve expectations intensify.

On the news front, market pricing for an additional 25-basis-point rate hike in October has risen to approximately 71%, while cumulative rate hike expectations through December continue to climb. The U.S. dollar index remains near a two-month high, and the 10-year Treasury yield is hovering around the 5.1% level, creating a dual headwind for gold as a non-yielding asset. Meanwhile, easing Middle East tensions and rising expectations for U.S.-Iran ceasefire diplomacy have eroded the geopolitical risk premium that had previously supported gold prices, with spot gold continuing to retreat from recent levels.

Within the Gold sector, peers also declined broadly. Coeur Mining fell 5.46%, Wheaton Precious Metals fell 4.56%, Kinross fell 4.47%, Newmont Mining fell 4.31%, and Barrick Mining fell 4.15%.

(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.)