HK Stock Market Move | Golden stocks fell today as there was a split within the Federal Reserve meeting minutes. The market is watching tonight's US September non-farm payroll data.

Gold stocks fell today, as of press time, PERSISTENCE RES (02489) fell 5.48% to 1.38 Hong Kong dollars; LINGBAO GOLD (03330) fell 3.34% to 15.61 Hong Kong dollars; CHI SILVER GP (00815) fell 3.03% to 0.64 Hong Kong dollars; ZIJIN GOLD INTL (02259) fell 2.2% to 137.6 Hong Kong dollars. On the news front, on November 19, local time, the Federal Reserve released the minutes of its October monetary policy meeting. Regarding the question of whether to continue cutting interest rates, the minutes showed significant internal divisions within the Federal Reserve. This has further dampened market expectations for a rate cut in December. In addition, the US Bureau of Labor Statistics announced on Wednesday that the October non-farm payrolls report will be canceled, and the November employment report will be released on December 16, instead of the originally scheduled December 5. The agency stated that the November employment report will include an estimate of October employment data, but due to a lack of collected information, they will not be able to provide October unemployment rate data. Currently, the market is focused on the BLS's release of the September non-farm payrolls report on Thursday. Founder Futures believes that even if there is an increased variable for a rate cut in December, precious metals will be under short-term pressure. However, with the end of the US government shutdown, an improvement in dollar liquidity is expected, long-term interest rates in major global economies remain high, the size of US Treasury bonds is accelerating, market concerns about the independence of the Federal Reserve, and the long-term logic for an upward trend in precious metals remains unchanged.