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08/10/2026 14:16

Zijin down 3%, Zhaojin down 2%, strong dollar pushes overnight spot gold price below 4100 dollars

   Zijin (02899) is down 3.3%, trading at 31.28 yuan; Zhaojin Mining (01818) is down 2.1%, at 17.11 yuan; Shandong Gold (01787) is down 3%, at 18.38 yuan; Lingbao Gold (03330) is down 4.6%, at 18.32 yuan.

  High U.S. bond yields pushed the overnight 10-year yield up to 5.36%, reaching a new high since 2002, matching the 30-year yield. The strong dollar saw the U.S. Dollar Index rise 0.66% to 102.5. Precious metals faced heavy selling pressure overnight, with spot gold prices plunging as much as 2.34%, hitting a low of 4066.57 dollars per ounce; spot silver dropped 3.83%, to 58.989 dollars per ounce.

  The latest spot gold price is at 4119.53 dollars per ounce, up 0.21%.

  Currently, the Hang Seng Index stands at 23894, down 236 points or 1%, with main board turnover exceeding 137.2 billion yuan. The Hang Seng China Enterprises Index is at 8041, down 40 points or 0.5%. The Hang Seng Tech Index is at 4098, down 96 points or 2.3%.
 
Table showing performance of related stocks in the same sector
Stock (Code)Current Price (yuan)Change (%)
Zijin (02899)31.28 yuanDown 3.34%
Zhaojin Mining (01818)17.11 yuanDown 2.06%
Shandong Gold (01787)18.38 yuanDown 3.01%
Lingbao Gold (03330)18.32 yuanDown 4.58%
Chifeng Gold (06693)33.68 yuanDown 3%
Zijin Gold International (02259)134.9 yuanDown 3.02%
SPDR Gold (02840)2964 yuanDown 0.27%
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