黄金股票ETF（517400）午后涨近4.0%，市场聚焦降息预期与金属供需格局

Group 1 - The core viewpoint indicates that the expectation of a Federal Reserve interest rate cut in September has led to an increase in gold prices, driven by ongoing macroeconomic uncertainties and the strengthening of gold's safe-haven attributes [1] - The long-term outlook suggests a clear trend of weakening dollar credibility, with expectations for a sustained increase in gold price levels [1] - The non-ferrous metals industry is showing strengthening fundamental support, with price upward momentum expected to remain strong [1] Group 2 - The gold stock ETF (517400) tracks the SSH Gold Stock Index (931238), which focuses on gold mining, smelting, and processing sales, covering both A-share and Hong Kong markets [1] - The SSH Gold Stock Index features a mid-to-small market capitalization style while also incorporating leading companies, providing a comprehensive reflection of the overall performance of listed companies in the gold industry [1] - Investors without stock accounts can consider the Guotai Zhongzheng CSI Shanghai-Shenzhen-Hong Kong Gold Industry Stock ETF Initiated Link A (021673) and Link C (021674) [1]