CHIFENG GOLD(SH:600988) Zhi Tong Cai Jing·2025-09-10 01:57Group 1 - Gold stocks collectively declined in early trading, with notable drops including Tongguan Gold down 3.8% to HKD 2.28, Chifeng Gold down 3.59% to HKD 32.22, Lingbao Gold down 2.68% to HKD 16.71, and Shandong Gold down 2.09% to HKD 34.7 [1] - The recently released U.S. non-farm payroll revision data fell short of expectations, confirming a weakening labor market and increasing market expectations for the Federal Reserve's subsequent easing policies [1] - Spot gold prices experienced a sharp drop after reaching new highs, currently hovering around USD 3620 per ounce, indicating volatility in the gold market [1] Group 2 - Huatai Futures suggests that the U.S. employment data for the 12 months ending in March may be significantly revised downwards, exposing risks of stagflation in the U.S. economy and driving up the safe-haven premium for gold [1] - There is a need to monitor profit-taking at high gold prices, with expectations that gold prices will maintain a strong oscillating pattern in the near term [1]