According to the Wise Finance app, gold stocks collectively fell. As of the time of publication, China Gold International (02099) fell by 8.39% to HKD 33.85; Zijin Mining (02899) fell by 6.39% to HKD 17.28; Shandong Gold (01787) fell by 6.18% to HKD 17; Lingbao Gold (03330) fell by 3.91% to HKD 2.95. On the news front, the U.S. September non-farm payrolls far exceeded expectations, causing market expectations for a significant rate cut by the Federal Reserve to cool down, leading to a stronger U.S. dollar and a rebound in U.S. bond yields. The international gold price trend is under pressure, with spot gold falling by 0.41% to $2642.74 per ounce; COMEX gold futures fell by 0.17% to $2680.2 per ounce. Institutions point out that in the short term, after the realization of positive news, there is a strong willingness to close out previous long positions, and the market may experience a pullback. Caution is needed to guard against the risk of a high-level retreat