Zheng Quan Shi Bao·2025-05-16 00:21Group 1 - The price of gold has started to decline after a period of significant increase, particularly following the easing of global trade tensions, including US-China relations [2][3] - Gold prices reached a peak of over $3500 per ounce in late April but fell to around $3100 per ounce by May 15, with a subsequent rebound to approximately $3240 per ounce [2] - The Shanghai Gold Exchange saw Au9999 gold prices drop from a high of 834.6 yuan per gram to a low of 729 yuan per gram within a month, a decline of over 100 yuan [2] Group 2 - The stock prices of gold mining companies have also experienced a significant downturn, with many stocks showing a maximum decline of over 20% since their peak in April [3] - Notable declines in stock prices include Western Gold down 24.94%, Chifeng Gold down 23.06%, and Shandong Gold down 18.25% [3] Group 3 - The enthusiasm for gold ETFs has noticeably decreased, with a significant drop in inflows following the decline in gold prices [5][6] - In April, global physical gold ETFs saw inflows of approximately $11 billion, with total assets reaching $379 billion, driven largely by the Asia-Pacific region [5] - Major gold ETFs like Huaan Gold ETF and Guotai Gold ETF have seen their share counts decline from their peaks in late April [5][6][7]