Ge Long Hui·2025-09-10 03:41Core Viewpoint - The recent pullback in Hong Kong gold stocks follows a significant rise in spot gold prices, indicating a short-term phenomenon driven by profit-taking and changes in market risk appetite [1] Group 1: Market Performance - Hong Kong gold stocks experienced declines, with Shandong Gold down 3.50%, Tongguan Gold down 3.38%, and China Silver Group down 3.00% [1] - Other notable declines include Zhaojin Mining down 2.76%, Lingbao Gold down 2.15%, and Chifeng Jilong Gold down 2.15% [1] - The latest prices for these stocks are as follows: Shandong Gold at 34.200, Tongguan Gold at 2.290, and China Silver Group at 0.485 [1] Group 2: Gold Price Movement - Spot gold prices reached a high of $3674.78 per ounce before experiencing a significant drop, falling below $3620 per ounce [1] - The fluctuation in gold prices is attributed to technical profit-taking and shifts in market sentiment [1] Group 3: Future Considerations - Market participants are advised to closely monitor the support level at $3600 and the upcoming U.S. PPI and CPI inflation data, which may lead to further market volatility [1]