--- title: "Understanding the Market | Gold stocks are under pressure and declining, Walsh releases a hawkish signal compared to market expectations, and high oil prices continue to strengthen inflation concerns" type: "News" locale: "en" url: "https://longbridge.com/en/news/283587272.md" description: "Gold stocks generally declined. As of the time of writing, China Gold International fell 3.44% to HKD 174.5; Shandong Gold dropped 3.38% to HKD 31.42; Zijin Gold International decreased 3.03% to HKD 169.7; and Chifeng Gold fell 1.41% to HKD 41.82. On the news front, Federal Reserve Chair nominee Waller signaled a more hawkish stance than market expectations during a Senate hearing, prompting the market to further lower interest rate cut expectations. Waller stated that he had not promised President Trump any interest rate cuts, attempting to assure the senators considering his nomination that he would act independently of the White House while pushing for broad reforms. Notably, high oil prices continue to strengthen inflation concerns, with oil prices briefly rising above USD 100 per barrel yesterday. President Trump announced that, at the request of Pakistan, the U.S. would extend the ceasefire until Iran submits a unified negotiation proposal and completes consultations. However, Iran has clearly stated that it did not request an extension of the ceasefire and formally rejected attending the second round of negotiations originally scheduled for April 22 in Islamabad" datetime: "2026-04-22T02:45:03.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/283587272.md) - [en](https://longbridge.com/en/news/283587272.md) - [zh-HK](https://longbridge.com/zh-HK/news/283587272.md) --- # Understanding the Market | Gold stocks are under pressure and declining, Walsh releases a hawkish signal compared to market expectations, and high oil prices continue to strengthen inflation concerns According to Zhitong Finance APP, gold stocks generally declined. As of the time of writing, China Gold International (02099) fell by 3.44% to HKD 174.5; Shandong Gold (01787) dropped by 3.38% to HKD 31.42; Zijin Gold International (02259) decreased by 3.03% to HKD 169.7; and Chifeng Gold (06693) fell by 1.41% to HKD 41.82. On the news front, Federal Reserve Chair nominee Waller signaled a more hawkish stance than the market expected during a Senate hearing, prompting the market to further lower interest rate cut expectations. Waller stated that he had not promised President Trump any interest rate cuts, attempting to assure the senators considering his nomination that he would act independently of the White House while pushing for broad reforms. It is noteworthy that high oil prices continue to strengthen inflation concerns, with oil prices briefly rising above USD 100 per barrel yesterday. President Trump announced that, at the request of Pakistan, the U.S. would extend the ceasefire until Iran submits a unified negotiation proposal and completes consultations. However, Iran clearly stated that it did not request an extension of the ceasefire and formally rejected attendance at the second round of negotiations scheduled for April 22 in Islamabad ### Related Stocks - [600988.CN](https://longbridge.com/en/quote/600988.CN.md) - [01787.HK](https://longbridge.com/en/quote/01787.HK.md) - [600547.CN](https://longbridge.com/en/quote/600547.CN.md) - [02099.HK](https://longbridge.com/en/quote/02099.HK.md) - [02259.HK](https://longbridge.com/en/quote/02259.HK.md) - [06693.HK](https://longbridge.com/en/quote/06693.HK.md) - [600916.CN](https://longbridge.com/en/quote/600916.CN.md) - [600489.CN](https://longbridge.com/en/quote/600489.CN.md) ## Related News & Research - [PRECIOUS-Gold extends gains after Iran minister declares Strait of Hormuz open](https://longbridge.com/en/news/283157651.md) - [Gold, silver decline amid renewed inflation concerns](https://longbridge.com/en/news/283273857.md) - [Trump says will extend ceasefire for now - more to come](https://longbridge.com/en/news/283552921.md) - [Pakistan may announce US-Iran ceasefire extension of 2 weeks](https://longbridge.com/en/news/283399672.md) - [Oil likely to stay volatile in near term](https://longbridge.com/en/news/283439434.md)