黄金股票ETF（517400）盘中涨超1.7%，短期冲高动能与长期支撑逻辑并存

Core Insights - The article discusses the recent performance of gold stock ETFs, particularly ETF 517400, which rose over 1.7% during trading, indicating both short-term upward momentum and long-term support logic [1] - It highlights the impact of lower-than-expected U.S. non-farm payrolls for July and significant downward revisions of previous values, reflecting economic downward pressure and increasing expectations for interest rate cuts, which are favorable for gold's financial attributes [1] - The changes in Federal Reserve personnel have heightened market concerns regarding the independence of monetary policy and the credibility of economic data, further weakening the dollar's credit and reinforcing gold's monetary properties [1] - The article mentions that Trump's increased control over monetary policy could continue the path of Modern Monetary Theory (MMT), providing foundational support for a long-term bullish trend in gold [1] - Recent events, including non-farm data revisions and personnel changes, are expected to drive an upward trend in gold prices [1] Industry Overview - The gold stock ETF (517400) tracks the SSH Gold Stock Index (931238), which focuses on companies related to the gold industry, including mining, processing, and related services, reflecting the overall performance of the gold sector [1] - The index comprises stocks closely related to gold, ensuring strong industry representation and market influence, making it suitable for investors interested in precious metal investment opportunities [1] - For investors without stock accounts, alternative options include the Guotai CSI Hong Kong-Shenzhen Gold Industry Stock ETF Initiated Link C (021674) and Link A (021673) [1]