现货黄金升破3700美元，全市场最低一档费率黄金ETF基金（518660）获资金净流入，机构：黄金有望进一步向上突破

Group 1 - On September 16, the spot gold price surpassed $3,700 per ounce, reaching a new historical high [1] - The gold ETF (518660) attracted over 86 million yuan in net inflows over three of the last five trading days, indicating strong investor interest [1] - The current circulation scale of the gold ETF (518660) is 3.632 billion yuan, with a circulation share of 453 million, reflecting a growth rate of 165.81% since the beginning of the year [1] Group 2 - East Wu Securities suggests that the Federal Reserve's focus on the labor market and mild commodity inflation will not alter its rate-cutting path, which may benefit precious metals [2] - Shanghai Securities believes that the long-term logic for gold's price increase remains intact, driven by global de-dollarization and the Fed entering a rate-cutting cycle [2]