Zhaojin Mining tumbles 8% as gold prices slip
Zhaojin Mining (1818.HK) tumbled 8% during regular trading to HK$19.63, with turnover around HK$350 million.
The decline comes as international gold prices remain volatile. Spot gold has fallen more than 21% from its year-to-date high, weighing on the gold mining sector. On June 10, Zhaojin Mining dropped nearly 6% on weaker gold prices; on June 15, it gained over 7% following a brief gold rebound after a US-Iraq ceasefire agreement, but gold has since come under pressure again.
Source: HK Stock Market Update The copyright of this article belongs to the original author/organization.
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