---
title: "Shandong Gold climbs 3% in Hong Kong as gold holds near $4,400"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/296289867.md"
description: "Shandong Gold climbs 3% in Hong Kong as soft US data and Middle East tensions push gold near $4,400."
datetime: "2026-08-19T02:00:13.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/296289867.md)
  - [en](https://longbridge.com/en/news/296289867.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/296289867.md)
generator: "portal-rs"
---

# Shandong Gold climbs 3% in Hong Kong as gold holds near $4,400

Shandong Gold Mining Co. (1787.HK) climbed 3% in Hong Kong trading to **HK$23.22**.

The rally tracked a surge in international gold prices, which hovered near **$4,400** per ounce as a weaker US dollar and elevated Middle East tensions underpinned the precious metal. Soft US nonfarm payrolls and CPI readings have pushed the implied probability of a September Federal Reserve rate hike down to **30%–35%**, weighing on the greenback. Ongoing gold accumulation by central banks globally provided additional floor support, lifting gold miners across the board.

### Related Stocks

- [01787.HK](https://longbridge.com/en/quote/01787.HK.md)

## Related News & Research

- [BOCI Slightly Raises SD GOLD  TP to HKD40.36; 1H26 Results Beat](https://longbridge.com/en/news/297472745.md)
- [Shandong Gold files board, board committee member list with disclosure responsibilities](https://longbridge.com/en/news/297343007.md)
- [CityWalk e-Bike wins approval for planned 25,000-vehicle rollout in Chengdu, Foshan](https://longbridge.com/en/news/298458546.md)
- [Xiaomi’s wide foldable promises more power than Samsung’s](https://longbridge.com/en/news/298275404.md)
- [Swire Pacific buys back additional HK$6 million bonds at 109.08% of principal](https://longbridge.com/en/news/298447821.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**