机构：黄金价格有望持续向上突破，黄金ETF基金(159937)连续5天净流入

Core Viewpoint - The gold ETF fund (159937) is expected to experience significant price increases, potentially surpassing $4500 per ounce due to various economic factors, including anticipated inflation in the U.S. and ongoing central bank gold purchases [3][4]. Group 1: Fund Performance - As of May 14, 2025, the gold ETF fund has decreased by 0.81%, with a latest price of 7.26 yuan [3]. - The fund's latest scale reached 29.08 billion yuan, with a total of 3.975 billion shares, marking a one-year high [3]. - Over the past five days, the fund has seen continuous net inflows, totaling 388 million yuan, with an average daily net inflow of approximately 77.53 million yuan [4]. Group 2: Historical Returns - The gold ETF fund has achieved a net value increase of 94.89% over the past five years, ranking second among comparable funds [4]. - Since its inception, the fund's highest monthly return was 10.62%, with a maximum consecutive monthly gain of 16.53% [4]. - The fund has a historical three-year profit probability of 100% and an annual profit percentage of 80% [4]. Group 3: Risk and Fees - The fund's management fee is 0.50%, and the custody fee is 0.10% [4]. - The maximum drawdown for the year to date is 8.14%, with a relative benchmark drawdown of 0.30% [4]. - The fund's Sharpe ratio for the past year is 2.92, indicating strong risk-adjusted returns [4].