Group 1 - The Ministry of Industry and Information Technology and eight other departments jointly issued the "Implementation Plan for High-Quality Development of the Gold Industry (2025-2027)" on June 25, 2025, aiming for a 5% to 10% increase in gold resource volume and over 5% increase in production by 2027, while promoting high-end new material applications and green mine construction [1] - Recent data indicates a short-term supply-demand imbalance in the gold market, with technical factors potentially providing support for prices [1] - CITIC Securities noted that the recent ceasefire in the Israel-Palestine conflict has lowered risk appetite, leading to a decline in gold demand in May, which has suppressed gold prices [1] Group 2 - Despite short-term demand weakness pressuring gold prices, the long-term fundamentals remain supportive due to declining real interest rates and the US dollar index [1] - The decline in the Gold VIX indicates a recovery in market sentiment [1] - The gold ETF tracks the spot gold (Au99.99 contract) issued by the Shanghai Gold Exchange, reflecting the price changes of physical gold without involving component stocks or industry style allocation [1]
黄金基金ETF(518800)涨超1.0%,短期需求承压但中长期支撑稳固
Mei Ri Jing Ji Xin Wen·2025-07-01 05:59