Core Viewpoint - The gold industry is experiencing a significant surge, with the China Securities Index for gold stocks rising by 2.91%, driven by strong performances from key stocks and a notable increase in gold prices, which have surpassed $5,500 per ounce for the first time [1] Group 1: Market Performance - The China Securities Index for gold stocks (931238) has increased by 2.91%, with notable gains from companies such as Xiaocheng Technology (up 12.31%), China Gold (up 10.02%), and Western Gold (up 10.01%) [1] - The gold stock ETF (159322) has risen by 1.16%, with the latest price reported at 2.53 yuan [1] Group 2: Price Forecast and Influencing Factors - Societe Generale predicts that gold prices will reach $6,000 per ounce by the end of the year, influenced by macroeconomic factors and a tight supply-demand balance [1] - The expectation of continued interest rate cuts by the Federal Reserve, increased regional tensions, and a weakening dollar are expected to boost demand for gold as a safe-haven asset [1] - Central banks globally are increasing their gold reserves as a substitute for foreign exchange reserves, which, along with a recovery in gold ETF inflows, is expected to provide strong support for gold prices [1] Group 3: Index Composition - As of December 31, 2025, the top ten weighted stocks in the China Securities Index for gold stocks include Zijin Mining, Shandong Gold, and China Gold, collectively accounting for 63.58% of the index [2]

| | | 黄金股全线高开，截至发稿，赤峰黄金（600988）(06693)涨6.2%，报49港元；山东黄金（600547） (01787)涨4.49%，报53.5港元；招金矿业(01818)涨3.04%，报42港元；紫金黄金国际(02259)涨1.9%，报 258港元。 消息面上，美国总统特朗普表示，一支庞大的舰队正前往伊朗，已准备好迅速履行其使命。希望伊朗能 够迅速坐到谈判桌前。伊朗外长回应美方威胁称，伊朗武装力量高度戒备。此外，匈牙利可能考虑提高 央行储备中黄金的占比，波兰央行已批准一项购买多达150吨黄金的计划。 值得注意的是，1月29日，现货黄金首次突破5500美元/盎司大关，再创历史新高。大摩发布研报称，波 兰央行正转向以绝对吨位数作为黄金储备目标，而非占总储备比例，显示其对价格敏感度降低。该行认 为黄金涨势尚未结束，强调对2026年下半年的牛市情境目标为每盎司5700美元。 ...

Group 1 - The gold stocks continue their recent upward trend, with notable increases in share prices for companies such as Zhaojin Mining (01818) up 2.92% to HKD 39.54, Chifeng Jilong Gold Mining (600988) up 2.88% to HKD 42.9, and Shandong Gold (600547) up 2.16% to HKD 48.14 [2] - As of January 28, the international spot gold price has surpassed USD 5,200 per ounce, reaching a new historical high [2] - Hungary's central bank is considering increasing the proportion of gold in its reserves, with current gold reserves at 110 tons, accounting for 25.5% of its foreign exchange reserves [2] - Poland's central bank has approved a plan to purchase up to 150 tons of gold, which will increase its total gold reserves to 700 tons [2] Group 2 - The chief economist of CITIC Securities, Mingming, indicates that the current bull market in precious metals is driven by complex factors, with expectations of the Federal Reserve's loose monetary policy being the most significant driver of rising precious metal prices [2] - Additional factors contributing to the increase in precious metal prices include downward pressure on the U.S. economy, persistent inflation, the resurgence of de-globalization risks, and global geopolitical uncertainties [2]

每经AI快讯，1月29日，贵金属概念持续爆发，招金黄金9天6板，中国黄金5连板，湖南黄金4连板，四 川黄金、晓程科技、豫光金铅、中金黄金、赤峰黄金、湖南白银、山东黄金、山金国际、兴业银锡高 开。消息面上，现货黄金大涨超4%，站上5400美元。 ...

热点栏目 自选股 数据中心 行情中心 资金流向 模拟交易 客户端 黄金股早盘全线高开，截至发稿，赤峰黄金（06693）上涨4.81%，报48.36港元；山东黄金（01787）上 涨3.71%，报53.10港元；招金矿业（01818）上涨0.59%，报41港元；紫金黄金国际（02259）上涨 2.29%，报259港元。 责任编辑：卢昱君 热点栏目 自选股 数据中心 行情中心 资金流向 模拟交易 客户端 黄金股早盘全线高开，截至发稿，赤峰黄金（06693）上涨4.81%，报48.36港元；山东黄金（01787）上 涨3.71%，报53.10港元；招金矿业（01818）上涨0.59%，报41港元；紫金黄金国际（02259）上涨 2.29%，报259港元。 责任编辑：卢昱君 ...

上证报中国证券网讯 1月29日早盘，贵金属板块领涨，截至9时31分，招金黄金、湖南黄金4连板，西部 黄金2连板，晓程科技涨逾10%，四川黄金涨近9%，中金黄金、山东黄金等跟涨。 | 序号 代码 | 名称 | 量新 | 涨幅% J | 涨跌 | | --- | --- | --- | --- | --- | | 1 | 300139 晓程科技 | 79.94 | 13.23 | 9.34 | | 2 | 601069 四部黄金 | 48.69 | 10.01 | 4.43 | | 3 | 002155 湖南黄金 | 33.64 | 10.01 | 3.06 | | 4 | 000506 招舍黄金 | 28.52 | 9.99 | 2.59 | | 5 | 001337 四川黄金 | 72.87 | 8.99 | 6.01 | | 6 | 600489 中金黄金 | 40.89 | 8.43 | 3.18 | | 7 | 002237 恒邦股份 | 23.00 | 7.38 | 1.58 | | 8 | 600547 山东黄金 | 64.00 | 7.27 | 4.34 | 1月29日早盘，贵金属板块领涨，截至9 ...

金价再迈新台阶，现货黄金首次突破5500美元／盎司大关，本周金价从略低于5000美元的水平一路狂 飙，连破6道整百关口，周涨幅超500美元。而在黄金价格持续走强的市场环境下，与黄金挂钩的基金产 品也随之迎来空前热度，黄金相关主题ETF成为资金追逐的焦点，展现出极强的吸金能力。 多只黄金ETF涨停 宽基ETF"定时"成交量放大 28日，全市场ETF中，涨幅前十的ETF有9只为黄金股和有色相关ETF，其中3只黄金股相关ETF涨停。 在ETF两融资金下降的态势下，超过百亿"真金白银"逆势抢筹黄金股ETF。截至当日收盘，国泰基金黄 金股票ETF（517400）涨10%，永赢基金黄金股ETF（517520）涨9.99%，平安基金黄金股ETF （159322）涨10.02%。同时，涨势喜人的还有华安基金黄金股ETF（159321）涨9.93%，工银瑞信黄金 股ETF（159315）涨9.67%，华夏基金黄金股ETF（159562）涨9.25%。 | 序号 | 证券代码 A | 证券简称 | A 涨跌停状态 | 1 其余场内简称 | | --- | --- | --- | --- | --- | | | | | [交易日期 ...

Core Viewpoint - The precious metals sector experienced a significant increase of 9.97% on January 28, with notable gains from various companies, indicating a strong market performance in this industry [1]. Group 1: Market Performance - The Shanghai Composite Index closed at 4151.24, up by 0.27%, while the Shenzhen Component Index closed at 14342.9, up by 0.09% [1]. - The leading stock in the precious metals sector was Xiaocheng Technology, which surged by 20.01% to a closing price of 70.60 [1]. Group 2: Individual Stock Performance - Key stocks in the precious metals sector and their performance included: - Hengbang Shares: Closed at 21.42, up by 10.02% with a trading volume of 1.53 million shares [1]. - Zhaojin Gold: Closed at 25.93, up by 10.01% with a trading volume of 712,600 shares [1]. - Zhongquan Gold: Closed at 37.71, up by 10.01% with a trading volume of 1.84 million shares [1]. - Sichuan Gold: Closed at 66.86, up by 10.00% with a trading volume of 258,200 shares [1]. - Chifeng Gold: Closed at 46.86, up by 10.00% with a trading volume of 1.40 million shares [1]. - Hunan Gold: Closed at 30.58, up by 10.00% with a trading volume of 35,400 shares [1]. - Western Gold: Closed at 44.26, up by 9.99% with a trading volume of 389,500 shares [1]. - Hunan Silver: Closed at 19.40, up by 9.98% with a trading volume of 5.04 million shares [1]. - Shandong Gold: Closed at 59.66, up by 9.97% with a trading volume of 1.29 million shares [1]. Group 3: Capital Flow - The precious metals sector saw a net inflow of 447 million yuan from main funds, while retail investors experienced a net outflow of 422 million yuan [1]. - The capital flow for individual stocks indicated that Western Gold had a net inflow of 271 million yuan from main funds, while retail investors had a net outflow of 127 million yuan [2].

Group 1 - The core viewpoint of the news highlights a significant surge in the non-ferrous metal sector driven by rising risk aversion and expectations of interest rate cuts, with the Penghua Non-Ferrous ETF (159880) rising over 7.3% and 14 constituent stocks hitting the daily limit up [1] - Southwest Securities indicates that both precious metals and industrial copper sectors are showing positive expansion, with resource-advantaged companies continuously increasing reserves and production, and upcoming production from marine gold mining projects [1] - As of January 28, 2026, the Guozheng Non-Ferrous Metal Industry Index (399395) has surged by 6.31%, with significant gains in constituent stocks such as Silver Non-Ferrous (up 10.04%), China Aluminum (up 10.02%), and Yunnan Copper (up 10.02%) [1] Group 2 - As of December 31, 2025, the top ten weighted stocks in the Guozheng Non-Ferrous Metal Industry Index (399395) include Zijin Mining, Luoyang Molybdenum, Northern Rare Earth, and others, collectively accounting for 51.65% of the index [2] - The Penghua Non-Ferrous ETF (159880) closely tracks the Guozheng Non-Ferrous Metal Industry Index, which selects 50 securities from the non-ferrous metal industry based on size and liquidity, reflecting the overall performance of listed companies in this sector [1][2]

Core Viewpoint - The international gold price reached a historical high of $5,266.43 per ounce on January 28, leading to significant increases in A-share gold-related stocks, while several gold-themed funds have suspended subscriptions to manage risks [1][2]. Group 1: Gold Price and Market Reaction - As of January 28, the London spot gold price hit a record high, continuing a trend of daily increases since January 19 [1]. - A-share gold concept stocks, including companies like Zhaojin Mining and Sichuan Gold, experienced notable price surges, with several stocks hitting the daily limit [2]. Group 2: Fund Subscription Suspension - Several gold-themed funds, including E Fund's gold-themed LOF and Guotai Junan's silver futures LOF, announced a suspension of subscriptions starting January 28 [2][3]. - The suspension is viewed as a typical risk management mechanism, reflecting the scarcity of such funds and their increasing investment appeal [2]. Group 3: Fund Performance and Profitability - In the fourth quarter of 2025, six out of the top ten funds by profit were gold ETFs or related funds, indicating strong performance in this sector [4]. - The overall profit for funds related to gold and silver exceeded 10 billion yuan for 12 out of 25 funds, showcasing the profitability of gold-related investments [4][5]. Group 4: Future Outlook on Gold Prices - Analysts suggest that while gold prices may experience fluctuations, the underlying bullish logic remains intact, supported by short-term geopolitical risks, mid-term policy expectations, and long-term structural weaknesses in the dollar credit system [5].