On September 15, ZIJIN GOLD INTL fell 3.11% in regular trading, trading at HKD 155.6/share, with turnover of HKD 396 million. The broader gold sector came under significant selling pressure amid surging expectations for a Federal Reserve rate hike.

On the macro front, CME FedWatch data shows the market now prices in a 92.4% probability of a 25-basis-point rate hike at this week's Fed meeting, up sharply from around 70% in early September. The catalyst behind the repricing was the August U.S. Producer Price Index, which rose 5.4% year-over-year, significantly above expectations and marking a clear acceleration from the prior 4.7% reading. Rising inflation has reinforced the case for continued monetary tightening, lifting the U.S. dollar and Treasury yields while compressing gold prices. International spot gold has fallen 1.88% over the past week to USD 4,348.43/oz, with futures sliding further toward the USD 4,280 support level.

Within the Gold sector, the sell-off was broad-based. Among individual stocks, CHINAGOLDINTL fell 5.11%, SD GOLD fell 4.49%, ZHAOJIN MINING fell 4.24%, CHIFENG GOLD fell 3.21%, and LINGBAO GOLD fell 2.41%.

(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.)