Most of the gold and non-ferrous metal sectors opened lower, while Shengda Resources fell 10%

2026-08-31 09:33

Economic Observation Network Most of the gold and non-ferrous metal sectors opened lower, while Shengda Resources fell 10%. Xiaocheng Technology, Hunan Baiyin, Baiyin Nonferrous, and Laishen Tongling all opened lower. On the news front, Walsh reiterated at the annual meeting that the 2% inflation target would not be compromised, and if inflation falls slower than expected, the Federal Reserve will continue to tighten monetary policy.