Phoenix New Media Hong Kong stocks | most gold stocks rose, with Shandong Gold Mining (01787) up 3.85%, Zhaojin Mining (01818) up 3.35%, China Gold International (02099) up 2.85% and Zijin Mining Group (02899) up 2.57%.
On the news, the market expected a sharp rise in US inflation, a weaker dollar index and US debt interest rates, and higher international gold prices. Gold futures closed up $30.80, or 1.7%, at $1843.2 an ounce in New York on Wednesday. As for gold futures in New York, it was last reported at $1842.42 an ounce in Asian trading.