Chang Jiang Ri Bao·2025-09-03 15:06Market Performance - On September 3, A-shares showed mixed performance with the Shanghai Composite Index down by 1.16%, the Shenzhen Component Index down by 0.65%, and the ChiNext Index up by 0.95% [1] Gold Sector - The precious metals sector saw significant gains, with Western Gold hitting the daily limit and Zhaojin Gold rising nearly 7% [1] - Notable stock performances included Western Gold at a price of 26.51 with a 10% increase, Zhaojin Gold at 10.49 with a 6.93% increase, and other companies like Diya Co. and Dengyun Co. also showing positive growth [2] Gold Prices - Investor expectations of a Federal Reserve rate cut and strong demand from foreign central banks drove New York gold futures to exceed $3,600, marking a historical high [2] - Spot gold prices surged to over $3,540 per ounce, with domestic gold jewelry prices also increasing, such as Chow Tai Fook and Luk Fook Jewelry reporting prices of 1,053 CNY per gram [2] Margin and Trading Adjustments - The Shanghai Gold Exchange announced adjustments to margin levels and price limits for certain contracts, effective from September 5, 2025, increasing the margin for gold contracts from 13% to 14% and for silver contracts from 16% to 17% [3]