Zheng Xing Xing Ye Ri Bao·2025-08-18 08:38Market Overview - On August 18, the precious metals sector declined by 0.77%, with Shandong Gold leading the drop [1] - The Shanghai Composite Index closed at 3728.03, up 0.85%, while the Shenzhen Component Index closed at 11835.57, up 1.73% [1] Precious Metals Sector Performance - The top gainers in the precious metals sector included: - Xiaocheng Technology (300139) with a closing price of 19.07, up 0.69% [1] - Sichuan Gold (001337) with a closing price of 23.37, up 0.21% [1] - Hengbang Shares (002237) with a closing price of 12.25, up 0.08% [1] - The top losers included: - Shandong Gold (600547) with a closing price of 30.88, down 1.22% [1] - Zhaoyuan Gold (000506) with a closing price of 9.86, down 1.20% [1] - Zhongquan Gold (600489) with a closing price of 14.50, down 0.82% [1] Capital Flow Analysis - The precious metals sector experienced a net outflow of 341 million yuan from institutional investors, while retail investors saw a net inflow of 233 million yuan [1] - Notable capital flows included: - Shandong Gold had a net outflow of 668.11 million yuan from institutional investors [2] - Xiaocheng Technology saw a net outflow of 247.2 million yuan from institutional investors [2] - Retail investors contributed a net inflow of 2391.08 million yuan to Xiaocheng Technology [2] ETF Information - The gold stock ETF (product code: 159562) tracks the CSI Hong Kong and Shanghai Gold Industry Stock Index and has a current P/E ratio of 21.96 [4] - The ETF's latest share count is 350 million, with a reduction of 1 million shares and a net inflow of 1.119 million yuan from institutional investors [4]