---
title: "Gold prices once fell below $5,000, with ZHAOJIN MINING and other gold mining stocks dropping over 4%, while CHALCO fell 7% | Hong Kong stock market movements"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/279197281.md"
description: "Gold prices fell below $5,000, with New York futures gold reported at $5,005, down 1.1%; spot gold reported at $5,005.65, down 0.36%. Silver prices also declined, with New York futures silver reported at $79.34, down 4.44%. Gold mining stocks generally fell, with ZHAOJIN MINING down 4.6%, ZIJIN MINING down 4.9%, and LINGBAO GOLD down 7.4%. Other precious metal stocks such as Luoyang Molybdenum, Jiangxi Copper, and Zhongchrom also experienced varying degrees of decline. The Hang Seng Index reported 25,595 points, up 129 points"
datetime: "2026-03-16T03:30:34.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/279197281.md)
  - [en](https://longbridge.com/en/news/279197281.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/279197281.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/279197281.md) | [繁體中文](https://longbridge.com/zh-HK/news/279197281.md)


# Gold prices once fell below $5,000, with ZHAOJIN MINING and other gold mining stocks dropping over 4%, while CHALCO fell 7% | Hong Kong stock market movements

Precious metal prices generally fell, with gold prices once dropping below $5,000. As of today (16th) during the Asian trading session, New York futures gold was last reported at $5,005 per ounce, down 1.1%, while spot gold fell 0.36% to $5,000.65.

Silver prices also declined, with New York futures silver last reported at $79.34, down 4.44%.

Affected by the drop in gold prices, gold mining stocks generally fell, with ZHAOJIN MINING (1818) down 4.6%, ZIJIN MINING (2899) down 4.9%, and LINGBAO GOLD (3330) down 7.4%.

In terms of other precious metal stocks, Luoyang Molybdenum (3993) fell 4.7%, Jiangxi Copper (0358) fell 5.5%, and Zhongchromium (2600) fell 7.2%.

In the broader market, the Hang Seng Index was last reported at 25,595 points, up 129 points

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