Sou Hu Cai Jing·2025-08-25 02:37Group 1 - The core viewpoint of the article highlights the positive impact of the Federal Reserve's interest rate cut expectations on the non-ferrous metal and gold markets, leading to significant price increases in related ETFs and stocks [1] - As of 10:28 AM on August 25, the non-ferrous metal ETF (516650) rose by 4.7%, with key holdings like Northern Copper and Northern Rare Earths hitting the daily limit, while Jiangxi Copper and China Rare Earths also showed strong performance [1] - The gold stock ETF (159562) increased by 3.41%, with holdings such as Hunan Silver reaching the daily limit, and Jiangxi Copper also experiencing notable movements [1] Group 2 - The article notes that the non-ferrous metal ETF (516650) and the gold ETF Huaxia (518850) have attracted significant capital attention, with recent inflows of 15.68 million yuan and 100.5 million yuan respectively over the past five days [1] - Analysts indicate that Powell's dovish remarks have acted as a turning point for the gold market, driving a rebound in gold prices, while caution is advised regarding data volatility and geopolitical risks in the short term [1] - The ongoing central bank gold purchases, a weakening dollar, pressures from U.S. fiscal debt maturities, and global political and economic instability continue to support the long-term bullish outlook for gold prices [1]