On September 21, CHINAGOLDINTL (02099.HK) fell 3.03% in regular trading, trading at HK$243.6/share, with turnover of HK$162 million.

On the news front, the Federal Reserve delivered a widely anticipated rate hike at its September meeting, while expectations for additional tightening later this year continue to weigh on the gold sector. Although gold prices briefly staged a sell-the-news rebound after the decision, the 10-year U.S. Treasury yield remained elevated and the U.S. Dollar Index broke above the 100 mark, creating a rising real-rate environment that sustains pressure on bullion prices. Across the gold sector, peers including SD GOLD fell 0.87%, LINGBAO GOLD fell 2.04%, and ZIJIN GOLD INTL declined 0.69%.

Institutional views suggest that the short-term impact of the rate hike on gold is two-directional, with volatility mainly driven by shifting rate expectations, while medium-term structural support — including continued central bank purchases and ETF inflows — remains intact. China's central bank added 20.2 tonnes of gold in August, extending its buying streak to 22 consecutive months, lifting total reserves to 2,387 tonnes and accounting for 9% of foreign exchange reserves.

(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.)