--- title: "Understanding the Market | Gold Stocks Decline Again, LINGBAO GOLD Drops Over 3% as Inflation Concerns and Interest Rate Expectations Continue to Weigh" type: "News" locale: "en" url: "https://longbridge.com/en/news/286870703.md" description: "Gold stocks fell again. As of the time of writing, China Gold International dropped 3.07% to HKD 153.5; Lingbao Gold fell 3.07% to HKD 18.33; Zijin Gold International decreased by 2.87% to HKD 145.7; Zijin Mining declined 2.21% to HKD 33.66; and Chifeng Gold dropped 1.17% to HKD 35.12. On the news front, CITIC Futures pointed out that negotiations for the navigation of the Strait of Hormuz still lack substantial breakthroughs, coupled with the U.S. hardline stance on Iran and disturbances from security incidents in the Middle East, making it difficult for energy prices to significantly retreat in the short term. The inflation-interest rate—dollar chain remains the core logic suppressing gold prices. The institution believes that in the short term, gold is still under the dual constraints of inflation interest rate suppression and weakening physical demand, and prices may maintain a high-level fluctuation with a weak bias. The Federal Reserve's meeting minutes, changes in energy prices, and progress in U.S.-Iran negotiations are the key variables this week" datetime: "2026-05-19T07:24:04.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286870703.md) - [en](https://longbridge.com/en/news/286870703.md) - [zh-HK](https://longbridge.com/zh-HK/news/286870703.md) --- # Understanding the Market | Gold Stocks Decline Again, LINGBAO GOLD Drops Over 3% as Inflation Concerns and Interest Rate Expectations Continue to Weigh According to Zhitong Finance APP, gold stocks have fallen again. As of the time of publication, China Gold International (02099) is down 3.07%, trading at HKD 153.5; Lingbao Gold (03330) is down 3.07%, trading at HKD 18.33; Zijin Gold International (02259) is down 2.87%, trading at HKD 145.7; Zijin Mining (02899) is down 2.21%, trading at HKD 33.66; and Chifeng Gold (06693) is down 1.17%, trading at HKD 35.12. On the news front, CITIC Futures pointed out that negotiations for the navigation of the Strait of Hormuz still lack substantial breakthroughs. Coupled with the U.S. hardline stance towards Iran and disturbances related to security events in the Middle East, energy prices are unlikely to significantly retreat in the short term. The inflation-interest rate—dollar chain remains the core logic suppressing gold prices. The institution believes that in the short term, gold is still under the dual constraints of inflation interest rate suppression and weakening physical demand, and prices may maintain a high-level fluctuation with a weak bias. The Federal Reserve's meeting minutes, changes in energy prices, and the progress of U.S.-Iran negotiations are the core variables this week ### Related Stocks - [03330.HK](https://longbridge.com/en/quote/03330.HK.md) - [02899.HK](https://longbridge.com/en/quote/02899.HK.md) - [601899.CN](https://longbridge.com/en/quote/601899.CN.md) - [02099.HK](https://longbridge.com/en/quote/02099.HK.md) - [06693.HK](https://longbridge.com/en/quote/06693.HK.md) - [600547.CN](https://longbridge.com/en/quote/600547.CN.md) - [600988.CN](https://longbridge.com/en/quote/600988.CN.md) - [RING.US](https://longbridge.com/en/quote/RING.US.md) - [517520.CN](https://longbridge.com/en/quote/517520.CN.md) - [09824.HK](https://longbridge.com/en/quote/09824.HK.md) - [SGDJ.US](https://longbridge.com/en/quote/SGDJ.US.md) - [SGDM.US](https://longbridge.com/en/quote/SGDM.US.md) - [GOEX.US](https://longbridge.com/en/quote/GOEX.US.md) - [GDXU.US](https://longbridge.com/en/quote/GDXU.US.md) - [IAU.US](https://longbridge.com/en/quote/IAU.US.md) - [SGOL.US](https://longbridge.com/en/quote/SGOL.US.md) - [82824.HK](https://longbridge.com/en/quote/82824.HK.md) - [02824.HK](https://longbridge.com/en/quote/02824.HK.md) - [NUGT.US](https://longbridge.com/en/quote/NUGT.US.md) - [GDX.US](https://longbridge.com/en/quote/GDX.US.md) - [518850.CN](https://longbridge.com/en/quote/518850.CN.md) - [02259.HK](https://longbridge.com/en/quote/02259.HK.md) - [600916.CN](https://longbridge.com/en/quote/600916.CN.md) - [600489.CN](https://longbridge.com/en/quote/600489.CN.md) - [02919.HK](https://longbridge.com/en/quote/02919.HK.md) ## Related News & Research - [J. P. Morgan lowers 2026 gold price forecast](https://longbridge.com/en/news/286714122.md) - [PRECIOUS-Gold falls, hovers near 1-1/2-month low on increased rate hike bets](https://longbridge.com/en/news/286888115.md) - [PRECIOUS-Gold at over one-week low as dollar, yields climb, Middle East tensions stoke inflation](https://longbridge.com/en/news/286580039.md) - [PRECIOUS-Gold falls with MidEast war in focus after Trump pauses strike](https://longbridge.com/en/news/286878933.md) - [China Gold International Releases Q1 2026 Management Analysis](https://longbridge.com/en/news/286482229.md)