On June 25, Zijin Gold International fell 5.4% in regular trading, trading at 94.25 HKD/share, with turnover of 49.72 million HKD.

On the news front, multiple headwinds continue to weigh on the gold sector. Goldman Sachs slashed its year-end gold target price by $500 to $4,900 per ounce, warning that prices could further decline to $4,440 if rate hikes materialize. Spot gold has broken below $4,100, falling over 20% from its annual high. The CME FedWatch tool now shows an 89% probability of a December rate hike, with Bank of America and Deutsche Bank both forecasting three 25-basis-point hikes this year. The strengthening dollar and rising Treasury yields continue to suppress non-yielding gold valuations.

Additionally, short-selling pressure on Zijin Gold International has intensified significantly, with the short ratio reaching 35.33%, deviating 187.58% from its 30-day average. Within the Gold sector, Lingbao Gold fell 7.23%, Zhaojin Mining fell 6.97%, SD Gold fell 6.47%, Chifeng Gold fell 5.12%, and Zijin Mining fell 4.82%.

(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.)