Core Viewpoint - The recent performance of the Gold ETF fund (159937) indicates a positive trend, with a notable increase in both price and net inflows, driven by expectations of interest rate cuts by the Federal Reserve and rising demand for safe-haven assets [1][2]. Performance Summary - As of August 5, 2025, the Gold ETF fund has risen by 0.39%, marking three consecutive days of gains, with the latest price at 7.46 yuan [1]. - Over the past week, the fund has accumulated a 0.77% increase [1]. - The fund's net inflow recently reached 4.21 million yuan, with a total of 3.40 million yuan attracted over the last five trading days [1][2]. Market Conditions - On August 4, 2025, spot gold prices rose by 0.32% to $3,374.23 per ounce, while COMEX gold futures increased by 0.84% to $3,401.00 per ounce [1]. - The market anticipates a significant rise in the probability of interest rate cuts by the Federal Reserve, increasing from 41.3% to 80.3% following the July non-farm payroll data [1]. Fund Metrics - The Gold ETF fund has shown a net asset value increase of 97.29% over the past three years, ranking it among the top two comparable funds [2]. - The fund's highest monthly return since inception was 10.62%, with a maximum consecutive monthly gain of 16.53% [2]. - The fund's year-to-date relative drawdown is 0.44% as of August 4, 2025 [4]. Risk and Fees - The management fee for the Gold ETF fund is 0.50%, and the custody fee is 0.10% [5]. - The fund has a tracking error of 0.002% over the past two months, indicating high tracking precision compared to similar funds [5].
避险需求与宽松预期提振，金价重拾3400美元关口，黄金ETF基金(159937)冲击3连涨
Sou Hu Cai Jing·2025-08-05 03:14