智通财经网·2026-01-22 02:07Group 1 - Gold stocks experienced significant declines, with Chifeng Jilong Gold Mining (06693) down 4.32% to HKD 35.42, Lingbao Gold Company (03330) down 3.65% to HKD 23.78, Tongguan Gold (00340) down 3.17% to HKD 3.36, and Zijin Mining (02899) down 3.47% to HKD 39.5 [1] - The decline in gold prices is attributed to a decrease in safe-haven sentiment, leading to a pullback in precious metal prices. On January 22, spot gold prices fell below USD 4,780 per ounce, while spot silver prices reached a low of USD 90.781 per ounce [1] - According to CITIC Securities, the outlook for the short term suggests that by 2026, the U.S. AI sector will likely continue, leading to a brief period of capital expenditure expansion globally, with copper expected to outperform gold. It is anticipated that gold prices may be weaker in 2026 compared to 2025, marking a significant shift in the long-term dynamics of gold [1]