Gold concept market initially fell, Xiaocheng Technology fell more than 6%.

On November 7th, the class A share gold concept market fell, Xiaocheng Technology fell more than 6%, Chifeng Gold, Northern Copper, Hunan Gold, Zijin Mining, Luoyang Molybdenum Industry and other collective low. On the news, spot gold fell back to below $2650/ounce for the first time since October 15th.