金价持续反弹，“不确定性”背景下关注黄金基金ETF（518800）避险价值

Group 1 - Global uncertainty has risen since May 16, leading to increased risk aversion and a rebound in gold prices due to concerns over tariffs, U.S. credit rating downgrades, and geopolitical tensions [1] - On May 16, President Trump indicated potential unilateral tariff increases on trade partners, raising market concerns about trade uncertainties [1] - Moody's downgraded the U.S. sovereign credit rating from Aaa to Aa1 on May 16, citing large fiscal deficits and increasing government debt burdens, which contributed to a decline in the U.S. dollar index [1] - Reports of potential Israeli strikes on Iranian nuclear facilities have heightened geopolitical tensions, causing gold prices to surge past $3,300 per ounce and oil prices to rise by 3.5% [1] Group 2 - The trend of "de-dollarization" globally suggests that gold may become a new pricing anchor, as the dollar's credit system faces challenges from currency overproduction and fiscal deficits [2] - The demand for gold as a safe asset is increasing due to frequent global geopolitical turmoil, prompting diversification of asset reserves [2] - The gold ETF (code: 518800) tracks the spot price of high-purity gold (99.99%) and is suitable for investors seeking asset preservation and inflation hedging [2]