On August 21, CHIFENG GOLD rose 3.24% in regular trading, trading at 42.36 HKD/share, with turnover of 22.649 million HKD. The gold sector extended its multi-day rally, with SD GOLD up 4.83%, LINGBAO GOLD up 4.45%, ZIJIN GOLD INTL up 3.1%, and CHINAGOLDINTL up 2.02%.

On the news front, US-Iran negotiations over the opening of the Strait of Hormuz have once again reached a deadlock, elevating geopolitical risk and reinforcing safe-haven demand for gold. Simultaneously, CME rate tools show the probability of the Fed holding rates unchanged in September has risen to 70%, driving the US dollar and Treasury yields lower and providing upward momentum for gold prices.

Additionally, JPMorgan recently increased its stake in CHIFENG GOLD by approximately 1.56 million shares at an average price of 37.15 HKD per share, lifting its long position ratio to 8.14%, signaling institutional confidence in the company's medium-term outlook.

(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.)