成分股矿企多家涨停，金价放大器黄金股ETF(517520)继续强势上涨

Core Viewpoint - The gold and silver stocks are experiencing a significant upward trend, driven by macroeconomic policies and political risks, with notable increases in ETF investments and stock prices [1][4][5]. Group 1: Stock Performance - The CSI Hong Kong-Shenzhen Gold Industry Stock Index (931238) rose by 3.03%, with key stocks such as Silver Industry (601212) up by 10.09%, Western Gold (601069) up by 10.00%, and Jiangxi Copper (00358) up by 7.88% [1]. - The Gold Stock ETF (517520) increased by 2.81%, with a cumulative rise of 10.03% over the past week as of September 2, 2025 [1][2]. Group 2: Fund Inflows - The Gold Stock ETF has seen continuous net inflows over the past six days, totaling 1.346 billion yuan, with a peak single-day inflow of 561 million yuan [3]. - The latest scale of the Gold Stock ETF reached 6.835 billion yuan, marking a one-year high and ranking it first among comparable funds [2]. Group 3: Market Drivers - The recent surge in gold and silver prices is attributed to expectations of macroeconomic policy changes and political risks, particularly the dovish shift from the Federal Reserve and concerns over its independence due to political maneuvers [4][5]. - Factors such as fluctuating dollar interest rate expectations, geopolitical tensions, and ongoing central bank gold purchases are supporting gold prices [5].