Movement Alert｜LAOPU GOLD Rises 3.39% in Regular Trading, Central Bank Gold Reserves Hit 22-Month Consecutive Increase Boosting Sector Sentiment

Market Focus

Sep 08

On September 8, LAOPU GOLD rose 3.39% in regular trading, trading at 401.8 HKD/share, with turnover of 39.15 million HKD, rebounding from the prior session's 2.81% decline.

On the news front, China's central bank disclosed on September 7 that gold reserves rose to 76.73 million ounces as of end-August, up 650,000 ounces month-over-month, marking 22 consecutive months of accumulation and the highest single-month addition since October 2023. The accelerating pace of purchases — rising from 160,000 ounces in March to 650,000 ounces in August — underscores a strategic shift from periodic allocation to systematic reserve building amid the global de-dollarization trend. Analysts noted that gold price support remains firm following its prior correction, with spot gold trading near 4,391 USD/ounce. Multiple institutions, including UBS, project gold could revisit 5,000 USD/ounce within the coming year, supported by real rate expectations and sustained central bank demand.

Within the Apparel, Accessories and Luxury Goods sector, LI NING rose 1.38%, SHENZHOU INTL rose 1.83%, BOSIDENG rose 0.57%, ANTA SPORTS rose 0.01%, while SAMSONITE fell 0.86%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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It does not constitute investment advice or a basis for trading decisions.)</p></p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"06181","symbol_name":"老铺黄金","start_time":0,"source_url":"","article_id":"1189408897","we_media_id":"1054767329","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1189408897","pubTimestamp":1788831262,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Market Focus","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1054767329","head_image":"https://static.tigerbbs.com/51943b2858f75e05ca2ebb144b4e626a"},"summary":"On September 8, LAOPU GOLD rose 3.39% in regular trading, trading at 401.8 HKD/share, with turnover of 39.15 million HKD, rebounding from the prior session's 2.81% decline.On the news front, China's...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"06181":"老铺黄金"},"translate_title":"走势提醒|老铺黄金常规交易上涨3.39%，央行黄金储备连续22个月增加，提振行业情绪","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"06181":1},"content_text":"On September 8, LAOPU GOLD rose 3.39% in regular trading, trading at 401.8 HKD/share, with turnover of 39.15 million HKD, rebounding from the prior session's 2.81% decline.On the news front, China's central bank disclosed on September 7 that gold reserves rose to 76.73 million ounces as of end-August, up 650,000 ounces month-over-month, marking 22 consecutive months of accumulation and the highest single-month addition since October 2023. The accelerating pace of purchases — rising from 160,000 ounces in March to 650,000 ounces in August — underscores a strategic shift from periodic allocation to systematic reserve building amid the global de-dollarization trend. Analysts noted that gold price support remains firm following its prior correction, with spot gold trading near 4,391 USD/ounce. Multiple institutions, including UBS, project gold could revisit 5,000 USD/ounce within the coming year, supported by real rate expectations and sustained central bank demand.Within the Apparel, Accessories and Luxury Goods sector, LI NING rose 1.38%, SHENZHOU INTL rose 1.83%, BOSIDENG rose 0.57%, ANTA SPORTS rose 0.01%, while SAMSONITE fell 0.86%.(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. 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