---
title: "Lingbao Gold falls 8% amid rising US rate expectations"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/292149664.md"
description: "Lingbao Gold (3330.HK) fell 8.01% during trading to HK$14.05, pressured by Fed rate hike fears and Bank of America's gold price forecast cut."
datetime: "2026-07-09T05:10:47.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/292149664.md)
  - [en](https://longbridge.com/en/news/292149664.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/292149664.md)
---

# Lingbao Gold falls 8% amid rising US rate expectations

Lingbao Gold (3330.HK) **fell 8%** during regular trading to **HK$14.05**.

The move came as the precious metals sector faced pressure from rising Federal Reserve rate hike expectations and Bank of America's decision to cut its gold price forecast for this year by **14%** to **$4,360 per ounce**. Major miners including Zijin Mining dropped more than **4%**, while Lingbao Gold and Zhaojin Mining posted declines between **3%** and **8.6%**.

\]}

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