黄金基金ETF（518800）飘红，机构表示中长期看多黄金

Group 1 - The core viewpoint is that the gold ETF (518800) is performing well due to a favorable outlook in the options market, with a declining VIX for gold, a falling US dollar index, and decreasing real interest rates, leading to a long-term bullish sentiment on gold [1] - Historical trends indicate a negative correlation between gold and the US dollar index, as well as between gold and US real interest rates, both of which have recently declined [1] - Increased geopolitical threats are driving safe-haven investments into gold, contributing to rising gold prices [1] Group 2 - The gold ETF (518800) tracks the SGE gold 9999 (AU9999), reflecting the price movements of high-purity gold in the Shanghai Gold Exchange, and measures the overall volatility of the gold market through real-time trading prices [1] - Unlike stock indices, this gold index does not involve any listed company securities or industry components, purely representing the price trends of physical gold [1] - Investors without stock accounts can consider the Guotai Gold ETF Link A (000218) and Guotai Gold ETF Link C (004253) as alternative investment options [2]